Remember Deere & Co. (DE) ? Remember those green baseball hats with the deer running across it? Yeah, that company has made a major upside breakout on the charts. DE made a big consolidation pattern going back nearly two whole years and now we are seeing the powerful results. Let's check out the charts.
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This is still a market that needs a good excuse for a correction -- even after getting one on headlines of a new mysterious virus spreading from China.
If you went long CRWD when we last covered the stock in early January you are doing well.
But I still see one area of stocks that should outperform.
Barring a negative surprise I would look for higher highs to be established in the days and weeks ahead.