Tuesday, June 24, 2014

Archer Daniels Midlands (Symbol: ADM) approaching major resistance


10-yr weekly chart of Archer Daniels Midlands (ADM).

Approaching 5-year high at $48.95.
Simultaneously, the touch at the high may coincide with wave 5.
Both events (hitting resistance and ending of wave 5) may perhaps lead to a correction.

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