Friday, October 22, 2021

Trendfollowing | Archer Daniels Midland (ADM)

Large cap food producer stock, Archer Daniels Midland (ADM) outpacing The S&P 500 Index

Food company (ADM) after a sideways move for a few months, is now rallying and breaking out over the S&P 500 (SPX) on a 200 day relative strength moving average… as indicated by the stock chart below.

ADM 10_22_2021
Archer Daniels Midland (ADM)

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