Deere Companys stock (DE) extended its gains in the intraday levels, amid the dominance of the upward secondary wave in the short term, with positive signals from the RSI after reaching oversold levels, with positive pressure from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the pivotal resistance of $414.80, provided the support of $384.14 holds on.

Trend forecast: Bullish