Deere & Co. $DE is in a textbook bullish breakout from a falling wedge pattern. DE Daily Chart(click to enlarge)Wedge Breakout:- The daily chart shows a market that has been in a bearish correction since being rejected around the $172 mark.- Note that the falling wedge came down to a previous resistance around $132 and found support.- After a V-shaped reversal swing, price stalled at the falling resistance.- Then, during the 5/18 Friday session, price broke out of the falling wedge with relatively strong volume, signaling bullish continuation.Pullback and Target:- If the market pulls back, we should anticipate support around $150. - A break below $144 would be a sign that the market is still in consolidation/correction mode. - A hold above $150 would be a strong signal that the market is heading back towards the $170-$172 area. - The weekly chart shows a bullish trend that is intact despite the multi-month consolidation/correction in 2018. - If price eventually breaks above the $175 area, we might see extension towards the $190-$200 area, which would be simply a projection of a previous swing as seen on the weekly chart.DE Weekly Chart(click to enlarge)