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$DE could reverse in short term

Short
Deere & Company (NYSE:DE)  
aniHotmail Updated   
NYSE:DE   Deere & Company
Candlestick Analysis Parallel Channel
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candlestick parallelchannel
Parallel channel peak touched, and price reversed with big red candle looking like Wide Ranging day.

I think it could reverse at least in short term, if bullish on long term, $338 looks like a safe buy!

Let me know your thoughts.
Thanks!
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