📍 Ticker: 
ADM (Archer-Daniels-Midland Company)
📆 Timeframe: 1D (Daily)
📉 Price: $48.74
📊 Volume: 2.82M
📈 RSI: 54.80 (Momentum building)
🔍 Technical Setup:
ADM is completing a textbook Inverse Head & Shoulders at the bottom of a rising channel, hinting at a structural reversal.
🟢 Green arrow signals current buying opportunity
🔺 Red arrows highlight expected resistance zones on the way up
🟣 Channel provides a clean roadmap for a stair-step recovery structure
Pattern Highlights:
Well-defined L–H–R shoulders
Price reclaiming the midline of the channel
RSI recovering above 50, signaling shift in momentum
🧠 Trade Plan & Price Targets:
✅ Entry Range: $48.50–$49.00
❌ Stop-Loss: Close below $46.00 (invalidation of channel + pattern)
🎯 Target 1: $52.50
→ 📈 Return: +7.7%
🎯 Target 2: $56.50
→ 📈 Return: +15.9%
🎯 Target 3: $63.00
→ 📈 Return: +29.3%
⚠️ Technical Notes:
Pattern is visible across multiple timeframes — weekly structure aligns with daily bullish reversal
RSI breakout + neckline test = potential breakout confirmation
Earnings volatility in rear-view mirror – momentum favored near-term
💬 Is ADM finally turning the corner after months of weakness?
📌 Like & Follow for more structured swing setups!
#TargetTraders #ADM #HeadAndShoulders #ChannelBreakout #SwingTrade #InverseHnS #TechnicalSetup
ADM (Archer-Daniels-Midland Company)📆 Timeframe: 1D (Daily)
📉 Price: $48.74
📊 Volume: 2.82M
📈 RSI: 54.80 (Momentum building)
🔍 Technical Setup:
ADM is completing a textbook Inverse Head & Shoulders at the bottom of a rising channel, hinting at a structural reversal.🟢 Green arrow signals current buying opportunity
🔺 Red arrows highlight expected resistance zones on the way up
🟣 Channel provides a clean roadmap for a stair-step recovery structure
Pattern Highlights:
Well-defined L–H–R shoulders
Price reclaiming the midline of the channel
RSI recovering above 50, signaling shift in momentum
🧠 Trade Plan & Price Targets:
✅ Entry Range: $48.50–$49.00
❌ Stop-Loss: Close below $46.00 (invalidation of channel + pattern)
🎯 Target 1: $52.50
→ 📈 Return: +7.7%
🎯 Target 2: $56.50
→ 📈 Return: +15.9%
🎯 Target 3: $63.00
→ 📈 Return: +29.3%
⚠️ Technical Notes:
Pattern is visible across multiple timeframes — weekly structure aligns with daily bullish reversal
RSI breakout + neckline test = potential breakout confirmation
Earnings volatility in rear-view mirror – momentum favored near-term
💬 Is ADM finally turning the corner after months of weakness?
📌 Like & Follow for more structured swing setups!
#TargetTraders #ADM #HeadAndShoulders #ChannelBreakout #SwingTrade #InverseHnS #TechnicalSetup
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.