Deere: Buy The Bullish Momentum (Technical Analysis)


  • Deere & Company’s focus on AI and automation in agriculture, strong financial performance, and declining price-to-earnings ratio indicate bullish potential.
  • The technical analysis reveals bullish price structures, including a symmetrical broadening wedge and falling wedge, suggesting continued upward momentum.
  • A surge past the $420 mark will disrupt the falling wedge pattern, potentially triggering a substantial upward rally.

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