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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

Comment by flamingogoldon Jan 19, 2023 10:07am
124 Views
Post# 35232938

RE:REMARKABLE

RE:REMARKABLEActually, I think the stock could let some steam off here going into the FED meeting at the end of the month. A pullback would be normal and healhty.

Starsearcher80 wrote: It's quite remarkable that the Dow can be down over 1000 points the past 2 days, and looking to be down another 225 points on the open this morning, and Bombardier continues to show real strengh.  The broader market may have created what looks to be some false resistance at the current $63/64ish level, as I really can't see anything else that provides resistance at this level.

So no worry to me.  The broader market will do what it does, and in this case, will exhaust itself at some point.  Then the typical relief rally should provide assistance for the stock to resume it's run up to the $71.00 level, which looks to be the next level of technical resistance.


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