On the hourly. Good volume, gapped to a gap and bounced.
I've been long DE Deere and have added during the recent pull back Nov 17th moving my avg to $83.81 from $81.35. I don't like the "Pro Active" sell paint bar print today. That could very well be defensive positioning ahead of earnings. If DE gaps down severely, I'll most likely be able to reduce a bit with out too much damage. I am very long time bullish on the...
I stuck with DE Deere as it is contained between the two displayed cyclical s/r levels. Pros stepped in on 2014.11.17 and absorbed supply. Earnings is up next. I expect a push to s/r at 88.62 to front run earnings.
HUGE Swing Long Opportunity should come around 77.49. Until then, ride 'er short.
Alternate Bat Pattern w/ Momentum Divergence. Looking for retest of B Point.
---- Could have a nice month of December.....