ADM Still Green

Ethanol Stocks January 30th, 2008

Not many clean green stocks have held up very well lately within the market downturn, but ADM is holding its own.

Whats going on in this chart is a few things.
-TRIX is up.
-Williams %R is holding above 50 line.
-Price pierced upper BB and found support at the middle point aka 20ema.

I think ADM is a decent trade here with a stop at around 37.5-37.6

\'ADM

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