Recommended Short Pick - Deere
5 August 2008
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Deere (DE) is showing a double top pattern, and recently backtested through the confirmation point and dropped back down on high volume. For a double top, this confirmation improves the success rate of the pattern to an amazing 83% (statistics - Richard Schabacker).
Stop - Very Tight - 74.59
Initial Target - 59
Overall Target - 48.7

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