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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s):  T.BBD.P.C | T.BBD.P.D | BDRPF | BDRXF | BDRAF | BDRBF | T.BBD.B | BOMBF | T.BBD.P.B

Bombardier Inc. is focused on designing, manufacturing, and servicing business jets. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Breaking resistance
View:
Post by flamingogold on Jun 23, 2021 2:05pm

Breaking resistance

Trading for $1.15 today, a price last seen a whole 16 months ago. On Feb 23, 2020 we opened at $1.15 and traded as high as $1.31 but closed down. Of course, the direction is now going the other way so $1.31 will be the next level to break.
Comment by DrInvestor on Jun 23, 2021 2:15pm
The BuyBack is in full swing. This is a one way street to $2 and over.
Comment by DrInvestor on Jun 23, 2021 2:20pm
I have heard that airlines may be looking to add business aircraft to their fleet and offer this as an option for customers. Makes total sense in a post covid era. This would mean big. business for manufacturer like Bombardier.
Comment by stockitnow on Jun 23, 2021 2:36pm
Some airlines already have. Delta and Wheels up has private jets for booking, Qatar airlines has a bizz jet fleet. So its already happening, and when airlines start lossing business class travelers en mass to bizz jet market then you will see more airlines operating bizz jet fleet. Flying on bizz jet is the ultimate first class Flying. Pandemic has made rich people more rich and a whole group of ...more  
Comment by flamingogold on Jun 28, 2021 9:42am
Testing the $1.31 resistance level now which soon will break and then it's on its way to test the next level at $1.54.
Comment by flamingogold on Jun 28, 2021 10:41am
Bounced off resistance... filling the gap now and will eventually retest.
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