BlerStar95

Deere going Straight or down?

Long
NYSE:DE   Deere & Company
DE

John Deere looks like it could go in two possible directions.

The first being straight forward at its current support resistant level hopefully with an upward break out trend.

on the other hand The pattern could be a triple peak with the inevitable down trend that follows that pattern.
Disclaimer

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.