2L2 trade ideas
Oranges, Citrus, Commodity Inflation CycleI couldn't find any ETFs for oranges, I don't think one exists. In instances like this you have to get creative.
In one of my value scanners, I found a citrus company $LMNR Limoniera. International citrus producer.
I've been long this stock since it the mid-$14s.
If the thesis on commodities, oranges, and global reflation turns out to be even somewhat correct, this stock should do alright. Revisiting or surpassing previous all-time highs is not out of the question.
LMNR about to pull a $RAVN (rewind)Rewinding RAVN to 11/25, you can see just how similar the current trend in LMNR is, especially the current price in relation to the 200 day EMA (black line).
Since 11/25 RAVN has increased +25% with the stock closing at 33.03 on 12/11.
Similarly, I expect LMNR to reach $18 within the next 10 trading days.