Bombardier Inc. T.BBD.A

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

Industrials Aerospace & Defense

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 operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

TSX:BBD.A - Post by User

Bombardier Inc.

Bullboard Posts

Post by PUNJABIon Aug 27, 2012 11:11am

299 Views

Post# 20264159

BBD.B BB band getting narrow

The Bollinger Bands are getting very narrow. Which means that the stock is trading in a narrow range & it might even pinch further then expand the trading range. It could be higher or lower. The stock has been showing weakness & is in bearish down ward trend. Stock has an ugly chart. The share price is trading below 200, 50 & even 20 ma. Last spike was contained at 50 ma.

While the chart is very negative the stock is however in an oversold area & over sold trade is possible upto 50 ma if BB expands to the upside.

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