Peet_Serfontein

ADM: upside momentum to remain?

Long
NYSE:ADM   Archer-Daniels-Midland Company
A price action above 84.00 supports a bullish trend direction.
Crossing below this level will negate the bullish trend.
Consolidation price range from 86.00 to 88.00.
Crossing above 88.00 might assist the bullish trend to target 92.00.
Crossing below 86.00 will be the first sign of pending weakness.
Remains above its 200-day simple moving average.

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