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.

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Bombardier Inc. > Next Resistance point

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Comment by BBDB859on Jul 17, 2024 10:38am

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Post# 36136531

RE:RE:RE:Next Resistance point

Resistance points are usually points in the SP dropping down, at any given period after a sustained climb. These resistance points were created when the SP was pushed down at the 2019 time when the stock was droping from $5.50. At that period in 2019 when the stock was priced at $4.70, there was a lot of support for the SP then. But after Goldman bought the TD shares the price started to go down. Goldman took the price down, and started selling the price short. Hence the creation of these resistance points. We'll see what happens, and if this holds true? It's too early to tell.

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