$ADM has encountered a significant selloff since early March 2017. There was nothing wrong with the company nor its products. The selloff was a healthy correction that needed to enable the future up move. Now the future is here. $ADM has successfully taken out the weekly downtrend line and is marching to the upside.
Our algorithmic calculator indicates the upside target is 19.07, 21.25, 24.77. The three upside targets serve as resistance levels. We will observe how it behaves around those target levels to determine the life of the up trend. Stay tuned.