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ADM // cup handle formation

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Archer-Daniels-Midland Company (NYSE:ADM)  
aet61  
NYSE:ADM   Archer-Daniels-Midland Company
Chart Patterns Cup And Handle Moving Averages
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chartpattern cupandhandle movingaverage
Although there is a cup-handle formation on the chart, the targets are drawn according to Fibonacci. Pay attention to the wedge resistance in the weekly time frame.
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