In our weekly 22V Webinar earlier today we highlighted a bunch of charts, offered some cheeky commentary, and had one sports reference. Among the charts we hit today is the one below for Deere (DE).
As our annotations shows, DE is breaking out of a 1-year BASE (top), weekly momentum is accelerating (middle), and the stock continues to act favorably relative to the S&P 500 (bottom).
The breakout implies a target of 475. Nothing runs like a Deere.
