RE: Numb3rs - If it's bounce 'up' you are looking.Yup, fireinthehole - this is an ugly chart should we break below and close below 4.47.
It is imperative that we do not close below this or else we will be back below 4 in a jiffy.
The momemtum is down
The MACD has crossed down
The 21 day moving average has crossed down
The worst part is " THE SYMMETRICAL CONTINUATION TRIANGLE" down
I only hope this turn of events is solely because the whole markets were down yesterday.
We had more aerospace warnings on Bombardier yesterday and that fool from foreign "Benjamin Boehm" Vice president for Aerospace talking his head off does not help on the ish we already know.
So like last time when the stock was above 8 and we did not hold that point and we went to slide down below 4 we are here again all to soon and unexpected. We need to hold above this 4.47.
I do believe in the bomber still don't get me wrong it's just that the Numb3rs are the numbers str8.
So i guess i will have to break out the unused low rate line of credit and place a bid below 4 should we get there...
If we do hold up today and a positive NR follows then we could put this out the window...and we head above 5 still!
This is the turbulance baby!
g2g>
Bombardier 2 di world!