The share of Deere & Co (WKN: 850866) moves in an intact long -term upward trend. After marking one Always high at $ 515.05 In February she started one Correctionwhich you have except on 404.42 USD dwindled. On the Support cluster the value on April 9th formed one Bullish engulfing daily candle And has been oriented north again since then. In yesterday’s trade the paper broke over the resistance zone 467.89-475.55 USD from, among other things, from the 50-day line, the last reaction high and the corrective downward trend line from the record high. Potential next destinations and resistance are now $ 490.58, $ 504.98 and $ 515.05. The primary upward trend would be confirmed with possible next expansion goals at $ 545.14, $ 557.31 and $ 583.42. The Bullish Bias in the short -term time window remains as long as the next support area 467.67-472.78 USD is not undercut by the end of the day. Among them would bring support from USD 447.38-452.00 and $ 427.74-435.95.
