American Stocks Analysis-March 2024-www.financetom.com

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American Stocks Analysis

May 30, 2024 5:49 AM

Deere Companys stock price (DE) kept falling in the intraday levels amid negative pressure from the 50-day SMA, with negative signals from the RSI despite reaching oversold levels.

We expect more losses for the stock, targeting the pivotal support of $353.15, provided it settles below $376.22.

Trend forecast: Bearish

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