DE Elliott Wave Analysis Trading Lounge Daily Chart,Deere & Co., (DE) Daily ChartDE Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 2 of (1).DIRECTION: Bottoming in wave 2. DETAILS: Looking for a three wave move in wave 2 to be soon completed, to then continue higher.
DE Elliott Wave Analysis Trading Lounge 4Hr Chart,Deere & Co., (DE) 4Hr ChartDE Elliott Wave Technical AnalysisFUNCTION: Counter TrendMODE: Corrective STRUCTURE: FlatPOSITION: Wave {c} of C. DIRECTION: Wave (v) of {c}.DETAILS: Looking for equality of {c} vs. {a} at 390$, looking for a Classic Trading Level Pattern around 400$ to then enter long positions. 
Welcome to our latest Elliott Wave analysis for Deere & Co. (DE), In this report, we provide a detailed examination of DE’s price movements and future projections using the Elliott Wave Theory. This analysis will cover both the daily and 4-hour charts, offering insights into the current trends and potential trading opportunities. Whether you are a seasoned trader or a market enthusiast, this analysis aims to enhance your understanding of DE’s market behavior.* DE Elliott Wave Technical Analysis – Daily Chart*In our latest Elliott Wave analysis of Deere & Co. (DE), we observe a bullish trend with an impulsive structure. Currently positioned at Minor wave 2 of (1), DE is bottoming in wave 2. We anticipate the three-wave move in wave 2 to soon complete, setting the stage for a continuation to the upside. Traders should watch for signs of this bottoming to prepare for potential long positions as the trend resumes.* DE Elliott Wave Technical Analysis – 4Hr Chart*On the 4-hour chart, DE is exhibiting a corrective mode within a flat structure, specifically positioned in wave {c} of C. We are looking for wave (v) of {c} to reach equality with wave {a} at the $390 level. Additionally, we expect a Classic Trading Level Pattern to emerge around the $400 mark. This pattern will provide an opportunity to enter long positions as DE completes its corrective phase and resumes its upward movement.Technical Analyst: Alessio BarrettaMore By This Author:Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Rea Group Ltd. – Tuesday, May 21
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, May 21
Elliott Wave Technical Analysis: Chevron Inc.
