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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

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

Post by Starsearcher80on Oct 13, 2022 4:06pm
445 Views
Post# 35023320

THOUGHTS ON A WILD DAY

THOUGHTS ON A WILD DAYWhat a crazy wild day today!  Today is indicative of a market putting in a bottom.  I'm pretty pleased with the recovery, and it puts further weight being my previous thoughts on "an interesting moment" ( CLICK HERE TO READ )

As expected, the resistance at the $29,20iish level is strong, given three converging averages.  I'm undecided at the moment whether Bombardier is ready now to break through, or how much to give credit to the overall market.  If I had to guess, I would say 50/50, if only because the doom and glloom in the morning was not that effective on Bombardier, and the selling volume was very light.  Those are good signs.

While the move up and beyond the "averages wall" may not be today, I do think it is in Bombardier's future in the very near term.  Overall, I remain pleased with how the stock is performing, and remain extremely confident in far bigger gains to come.
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