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LW long idea
Lamb Weston Holdings, Inc.
LW long idea
By Trading-Capital
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Aug 17, 2023
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Aug 17, 2023
LW performed well in the first inflation cycle 2021/2022.
As the dollar is testing a breakout on inflation fears, we may see some capital rotate into different sectors.
Last dollar bull cycle LW held up well in price. We are reaching very oversold levels and coming into big technical support.
Accumulation at these levels or lower provides good R/R
Chart Patterns
consumer
durables
LW
NASDAQ 100 CFD
SPX (S&P 500 Index)
Trend Analysis
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