Blue Chip Daily Chart of the Week - Blue Chip Daily Trend Report

9/6/21
Blue Chip Daily Chart of the Week:
Deere & Co. (DE)
Close: 389.34
Trend following stop level: 329.40
please see chart analysis below

Deere, (DE), is one of our top technical ideas going into the week and is on this week’s Members Top 25 list.
DE is in a longer-term uptrend over 4 key moving averages, including rising 20, 50 & 200-sma, and made a 4-month daily closing high on Friday.
On a longer term, weekly time frame, DE had it’s second highest weekly close on record on Friday as well.
DE recently corrected 11.2% and held over the rising 200-sma.
DE recently has been on our Weekly Top 25 list on 7/25, 8/1, 8/8 and 8/29.
Disclosure: I am long DE stock.
To see this week’s Top 25 stocks list, with our best ideas across all S&P 500 sectors, please join here: https://bluechipdaily.com/join-blue-chip-daily/

Have a great week,

Larry Tentarelli
Publisher
Disclaimer – Blue Chip Daily Trend Report