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LW long idea

Lamb Weston Holdings, Inc. (NYSE:LW)  
Trading-Capital  
NYSE:LW   Lamb Weston Holdings, Inc.
Trend Analysis Chart Patterns LW consumer durables SPX (S&P 500 Index) NASDAQ 100 CFD
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trendanalysis chartpattern lw consumer durables spx ndx
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

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