Loblaws - $65 Long Term Entry / Above Consolidation Ranges / $80

0. Notes to follow;

Comment:

1. Loblaws sitting nicely above the consolidation floor at $61.50;

2. Any pullbacks or weakness looks like a long term buying opportunity;

3. Currently looking at selections to weather the storm, and provide modest growth and portfolio strength going forward.

Comment:

4. Currently looking like a consolidation pennant / descending triangle, which should act as a continuation;

Comment:

Price Target - $80