Objective long/short (DE) report

November 30, 2024, 4:58 PM ET, BY Harold S. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for DE

• Buy DE near target of 428, no stop loss at 426.76. Details

The technical summary data tells us to buy DE near 428, but there is no current upside target in the summary table. In this case, we should wait until either an update to the summary table has been made (which usually happens at the beginning of each trading day) or until the position has been stopped. The data tells us to set a stop loss of 426.76 to protect against excessive losses if the stock starts moving against the trade. 428 is the first level of support below 465.9, and fundamentally any test of support is a buy signal. In this case, if support 428 is tested, a buy signal would be present.

• NO. Details

NO.
There are no current resistance levels from the summary table and therefore there are no short resistance plans telling us to short on resistance tests. The resistance levels have broken to the upside and if the stock does not move back down and below the support levels, short positions look risky.

Swing trading plans for DE

• Buy DE slightly above 484.12, target n/a, stop loss at 482.72 Details

If 484.12 starts to break, the summary technicals tell us to buy DE just above 484.12 with an upside target of n/a. The data also tells us to set a stop loss at 482.72 in case the stock turns against the trade. 484.12 is the first resistance level above 465.9 and basically any break above resistance is a buy signal. In this case, 484.12, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short DE slightly near 484.12, target 461.34, stop loss at 485.52. Details

Technical summary data suggests shorting DE if it tests 484.12 with a downside target of 461.34. However, we should have a stop loss at 485.52 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 484.12 is tested, there would be a short signal. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day trading plans for DE

• Buy DE just above 466.43, target 478.51, stop loss at 465.34 Details

If 466.43 starts to break higher, the technical summary data tells us to buy DE just above 466.43 with an upside target of 478.51. The data also tells us to set a stop loss at 465.34 in case the stock turns against the trade. 466.43 is the first resistance level above 465.9 and basically any break above resistance is a buy signal. In this case, 466.43, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short-DE slightly near 466.43, target 461.34, stop loss at 467.52. Details

Technical summary data suggests shorting DE if it tests 466.43, with a downside target of 461.34. However, we should have a stop loss at 467.52 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 466.43 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Deere & Company (DE) available here: EN.

DE ratings for November 30th:

AI generated signals for DE

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This report was generated using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most advantageous trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The aim of this particular report is to optimize trading Deere & Company (NYSE: DE) incorporating prudent risk controls.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for DE change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when DE tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for DE. All of this is offered below the overview table.