DE Deere & Company

BATS:DE   Deere & Company
This stock broke through a key support and currently making lower highs. At moment the stock is trading below 50 moving average and has a breakdown from a descending triangle pattern, which indicates that the stock should head much lower. MACD and RSI at moment can be used as signal confirmations to short the stock, just look for the line to cross down the support lines on RSI and MACD

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.