Deere poised for multi year breakout above $170 It's just a matter of time before it breaks so have your orders placed, earnings is still a few weeks away so we are of the opinion that this could happen in the next few days if not hours.
DE trade ideas
Long ATM Straddle John Deere with LOW IVR = CHEAPWe purchased an at the money straddle for a small debit of only 3.22. This trade is notably cheap because the IVR is extremely low: 2%. Being a long straddle (buying the calls and puts at 165), we are giving ourself unlimited profit, risking a limited $322 per contract.
We take our neutral position because of the positive characteristics of the trade itself, but the fundamental conditions further our thought. With an equity value of over 51 billion, John Deere is a company with significantly large exposure to China, and Chinese trade tensions. Also, interest rates have a somewhat direct effect on the profitability of this corporation. Financial Services comprises 9.2% of Deere's market cap, so as cuts in July become more of a reality, the profitability of the Financial Services division will be affected, possibly drastically. Lower rates mean lower borrowing costs for Deere, and could cause the stock to move outside of the breakevens to lead to profits.
Also, the technicals indicate the high possibility of large movements prior to maturity. The RSI, MFI and Stochastics all indicate an overbought sentiment, and the DMI DI+ and DI- indicate change in direction. The PSaR also has recently switched direction.
DE - Bull Put Credit SpreadPA sell off last few days to Mid BB%
Daily RSI Oversold after recent decline.
Found S&R at 160 level. Looking for consolidation and then reversal to mean back higher.
Aiming for 160/155 Put Credit & 165 Call option for Directional bias higher.
Exp Aug 16 (...but selling to close in Profit well before that.! )
Good Luck - Watch YOUR RISK
Short DE double topLooking to short DE at the double top here.
If the meeting later this friday goes bad against the china deal. I think this stock will take a huge beating, especially if china retaliate with another tariff against our agricultural sector.
Short Entry 169.50
stop 172
exit 160
Shorting Deere's (DE) dead cat bounce!In the middle of May, Deere reported earnings during what was a massive cascading sell-off in its stock. Their main issues for poor guidance were the China tariffs and the fact that they had begun to hurt the revenues of farmers and therefore the machinery that Deere sold to farmers. The stock took yet another spill after earnings and managed to bottom around $132 before embarking on an impressive 17% rally in 20 trading sessions.
Today, at the top of this rally, Baird came out and upgraded the stock! I believe this is a prime example of analysts being late to the party as the upgrade has forced the stock to rally right into previous support (now resistance in the 154-155.50 level. The China situation has only gotten worse and farmers continue to struggle despite Trump's many attempts to inject cash into their pockets.
I believe we can short DE between 153.50 and 155.50 with the following parameters:
Target 1: $147
Target 2: $132
Stop: 158
Picture perfect Elliott WaveDeere & Co has just broken out of a multi-year consolidation, which to me is bullish. My analysis would suggest that we are most definitely in the 5th wave and maybe even a 5th of a 5th so caution is the order of the day. My count on this 5th wave which started in 2009 is doubtful but possible. However, EW suggests that the boundary of the parallel channel could be the final destination for the 5th wave. Interesting times indeed.
$DE Bearish earnings report, profits down, outlook downbeat.Things are not going to get any better for DE, the meeting with Trump and Xi can not come quick enough for them. Sales have declined and the outlook looks bleak, uncertainly has also crippled the stock of most heavy machinery and industrial equipment makers since the trade war began. China is for sure a massive concern for investors but also the impact on its USA agricultural market. Farmer have reduced spending significantly and that has no signs of changing. Add to this the Dollar strength and worries of worldwide growth, investors loyalty will be tested in they weeks to come.
Ticker symbol DEERE Takes a Tumble To Expected Price TargetSometimes you have to have patience and a strong resolve to remain in a market. For those of you who shorted this market to current price you did well. Something in the 143s would be next but remember you now have a gap to fill. Target is 141ish.
$DE Rangebound - Near Term Bullish$DE Rangebound - Near Term Bullish, RSI Bottoming
Near term target - $167.00
SL - $154.50
Note: Informational, not investment advice.
$DE This pullback in industrial's could be a opportunity.DEERE HAD JUST HIT A 52 WEEK HIGH WHEN SENTIMENT TURNED AGAINST THE SECTOR. SINCE THEN SOME SELLING HAS TAKING CONTROL BUT THIS COULD BE A PERFECT BUYING OPPORTUNITY HEADING INTO EARNINGS. WE AWAIT A CHANGE IN SENTIMENT AND MORE POSITIVE PRICE ACTION AND INDICATORS TO CONSIDER A LONG. DEERE IS QUITE DEPENDENT ON A RESOLUTION TO THE TRADE TENSIONS WITH CHINA SO ANY NEGATIVE NEWS ITS A SHORT.
Deere And Co Pattern Gives Bearish BiasThe widest part of the pattern projected downward provides a potential profit target. The key word here being "potential" as targets may be exceeded, reached, half way reached or not at all. I give this a bearish thumbs up.
$DE Rising Wedge Breakdown - Disappointing Earnings LW$DE Rising Wedge Breakdown - Disappointing Earnings LW
Near term target - $145-$150 range
Note: Informational analysis, not investment advice.
$DE Bearish Seeing lower highs for DE relative strength. With a rising wedge, i can't help but see a bearish scenario here.
The FUTURE High / Low price swing dates for DEAllow me to introduce myself. I am Dinjin. The creator of the Djinn Predictive Indicators.
The indicator that you see used in all published charts on this platform is the first Djinn.
The Djinn are simple mathematical equations. Each Djinn Indicator is a refinement to the preceding Djinn. The third Djinn cannot predict price. It can predict the precise moment in the FUTURE that a price swing high or low is most likely to happen.
This is why the price of the first Djinn is 10,000,000 XRP.
The FUTURE High / Low price swing dates for DE (Deer & Company)These are the FUTURE dates for DE (Deer & Company) with the highest probability for experiencing a price swing high or low. Apply your own indicator(s) to determine the price swing direction.
DE: Earnings Stock of the Day Deere & Company is one of the last to report earnings of the Dow 30 components today. High Frequency Trading firms (HFT) focus on blue chip earnings reports. DE is holding above the topping completion level for now but remains in a volatile trading range. All black lines on this weekly chart were drawn in the last quarter. Bounce support areas are defined in red.
Although farm and construction equipment (mostly construction equipment) has been in high demand over the past couple of years as the US economy enjoyed its final expansion mode, that demand has declined since early this year. Deere is dependent upon construction cycles. Construction Cycles are dependent on the Real Estate Cycle, which is trending down to trough. Many real estate companies are finding it very hard to unload inventories of homes and commercial properties.
11/11/2018 - Self Improvement - DELooks like its forming a descending triangle and a good opportunity to sell short to the support line.
