Option_Traders

DE and CAT have been weak

NYSE:DE   Deere & Company
Both CAT and DE have shown a lot of weakness the past few days. Volume has picked up again as well. If 295 breaks on DE it would make a failed double bottom or if it can get back to 305-306 area can be an entry for a short. Looking at 9/16 280p. PT: 280.70 using 311 as SL

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.