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surapats
Aug 13, 2022 2:30 AM

ADM and WTZ2+AO in the Zone Long

Archer-Daniels-Midland CompanyNYSE

Description

ADM is likely WTZ2 pattern perfectly while AO in the Zone signal is applied for competitive entry. I expect a few TP, the 1st one is at the end of B and the previous high could be the 2nd. However, the entry size is as significant as the entry price. Calculate your risks well before trading. Good Luck!
Comments
bbparis
Hello, thank you for your analysis, what do you think about ADM stock now? Thanks
surapats
@bbparis, In middle & Long term, it's still in uptrend but TD sell setup (counting 9th) indicated it may be in corrective move for short term.
bbparis
@surapats, Thank you so much for your reply, I appreciate ! Regards
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