Bombardier Inc. T.BBD.A

Comments on these observations?

[VicesVertus2222]

1. Unless there is a major pick-up in the PM, today would be the first time since late september that we see crossing in Ichimoku analysis to the downside;
2. There seems to be a divergence between price trend upward and daily MACD and daily RSI downward.
3. Stochastic beginning to show a reversal trend.
4. Would today be a double top?
5. As far as fundamentals nothing new to report to support the upward price trend other than BMO raising target to 80.

I know this is a contrarian view to most of you, but still appreciate your opinions.

[clubhouse19]

    ViceVersa the first mistake you make is thinking that the technicals, no matter what they show or you interpret, would make any factual sense going against algorithms that play the stock on a real time basis and manufacture  the charts at will  ...keep on naval gazing with your charts 

[Nordico]

Technical analysis is generally nonsense for predicting future SP movement; fundamentals overrule it. Saying 'nothing new to support the upward price trend' ignores the very low valuation multiple BBD.B is currently trading at, and the probability that this will be forced to normalize upward over time. Some institutional buyer(s) loading up a position/s over a few weeks - sending this to

[bicente]

.. MACdonald's , cheeseburgers ???   hilarious ... GLTA    

[johnney]

You got it right!

[bicente]

using stock trading terms doesn't make you a trader ..weren't you the one that said it couldn't go higher than $43 and sold all your shares in Nov.'22 ?... what happened ?..did your chart , bar graph or seismograph malfunction ? lmao @you ...GLTA  

[clubhouse19]

So true Bicente but I was a little more tactful and not living up to my reputation as a BULLY !!  LOL

[bicente]

don't you go soft on us now ... we are in the home stretch , most of the bashers have gone off with their tails tucked between their legs ... GLTA  

[BBDB859]

Ya Club, don't get soft on us now. There were a lot of these fools that liked to diss the company a long time ago. It looks as if, these individual fools, can't manipulate the stock anymore though the way they used to. Now it's just baseless words from the whole group. If they won't buy for these higher prices? Then I just have 1 question for them. How will they make money with