Deere In Headlights

Well, I saw this coming (you could see it from a million miles away), but it was too annoyingly strong for me to do anything about it. But Deere (DE) is getting blown to smithereens, in a series of harsh gaps lower.

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Here is a multi-decade chart You can see quite plainly how as recently as four weeks ago (!!!!!!!!) it was mashed up against its LIFETIME resistance! Shame I didn’t pursue this.

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