Deere & Company
Short
Updated

Juice is not worth the squeeze

172
With the move today of DE approaching the levels of $422, I think the upside is minimal when compared to the potential downside here.

1)I see a trend line approaching
2)I see a resistance crowded area here
3)I see a bearish Cypher pattern forming that might take it to the $390 area.

Not financial advice, good luck to all :)
Note
Got this one wrong. Broke right through the resistance. Stopped out :)

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