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ntran3
Oct 14, 2022 12:16 AM

DE -- Long Long

Deere & CompanyNYSE

Description

--Bullish candle on CPI report
--hold on tight for a couple days on 21, 50, 200 ema(s)
--Re-claim 200 ema
--Breakout from W pattern 3 days ago, awaiting for CPI report
--Cut loss at 7%, gain 2:1 ratio
--Avoid if choppy price action
--Entry above 1.25-2% (play safe)
--MACD show entry for couple of days, RSI above 50
--MACD shows strong momentum
--Small gap above at lower target need to be fill
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