Deere Companys stock price (DE) rose in the intraday levels, amid positive support from the 50-day SMA, and with the dominance of the upward correctional trend in the short term, while buoyed recently by piercing the downward trend line, with positive signals from the RSI after venting off overbought saturation.

Therefore we expect more gains for the stock, targeting the first resistance at $423.35, provided it settles above $403.35.

Trend forecast: Bullish