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Loblaw Companies Ltd. six-month chart Add to ...

The MACD and the RSI on the six-month chart signalled a sell in November of 2013, a buy in December, a sell in January of 2014 and a buy in February. At this time the momentum indicators are not indicating a shift lower. There is resistance at $47 that needs to be addressed and from a risk management perspective I would like to see a golden cross form.

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