Archer-Daniels-Midland Company
לונג

ADM | Inverse Head & Shoulders + Parallel Channel = Reversal

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📍 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

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