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$DE Slams Into Double Top Resistance, Investors Sell

Shares of Deere & Company (NYSE:DE) slammed into double top chart resistance on Monday after a big surge in the last week. The stock is technically near-term overbought. The combination should yield a pull back. I have other technical indicators dictating the next pull back may take the stock to a $114.00 target. I am looking to short.

 

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