TradingView
TradeGATEHub
Apr 1, 2019 4:31 AM

ADM approaching resistance, potential drop!  Short

Archer-Daniels-Midland CompanyNYSE

Description

ADM is approaching our first resistance at 147.15 (61.8% fibonacci retracement, 61.8%, 100% fibonacci extension) where a strong drop might occur below this level to our first support at 43.26 1(50% fiboancci retracement).
Stochastic is also approaching resistance.
More