24.07.2015 - Shares of Deere & Co. may change the trend

The price of Deere&Co. failed to reach the psychologically important level at 100.00 and after the formation of figures "double top", has changed direction of the trend to negative. Confirmation of the signal in the near future will be breaking through the bottom of the channel and consolidation below the local minimum 91.85. In this case, quotes can be reduced to 90.00 and 83.90. The growth of price is limited by the levels 95,00 and 98,00. We expect the shares fall in the near future.

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