RyanHg

$LW, possible reversal?

Long
BATS:LW   Lamb Weston Holdings, Inc.
As of April 2024, market seem to be moving forward for a correction after the bullish uptrend for a couple of months.

Needless to say, if you are holding on to some stocks, you are likely to experience some drawbacks at this moment of time. Yes, I am currently holding a couples such as AMZN , GOOG , ADBE , UNH etc.

ADBE and UNH are currently giving me some headache due to their drawdowns but after some analyzing, I decided to hold it for a longer period of time. More on that on future posts.

As of now, let's take a look at LW , which is having a drawdown as well. I am entering this stock now due to a possible uptrend reversal.

Let me know what do you think.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.