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

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

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > UP UP UP GOLDEN CROSS
View:
Post by Frenchonporch on Mar 20, 2024 11:56am

UP UP UP GOLDEN CROSS

We are going up cause a GOLDEN CROSS is imminent. Trust me, Traders are watching this.
Comment by vonSachsenanhal on Mar 20, 2024 12:02pm
Exactly my point of a few days ago. This is BIG and we are getting there quickly. The golden cross occurs when a short-term moving average (50 dma) crosses over a major long-term moving average (200 dma)  to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market. Basically, the short-term average trends up faster than the long-term average ...more  
Comment by Frenchonporch on Mar 20, 2024 12:22pm
Yes this is HUGE. Only 2 GOLDEN CROSS in the last 5 years. One in November 2022 and one in January 2021 and look at the results. Lets prepare a bottle of champagne or good wine for the day of the GOLDEN CROSS     Link Bbd chart 5 years: BBD CHART 5 YEARS
Comment by OnRoad2 on Mar 20, 2024 12:18pm
Interesting that if the 50 MA will cross the 200 MA, that in probably less than 2 weeks,  Bombardier will be trading like a 65$ stock, minimum !! We are far then the miserable 50$ trading stock we had to suffer too long
Comment by Frenchonporch on Mar 20, 2024 12:35pm
I think after the Golden Cross we will go test the high of 74$.
Comment by Thebomber2023 on Mar 20, 2024 12:48pm
A lot of people are really happy with the recent rise in value from the SP.
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