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. > Selloff should end around $85

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Comment by flamingogoldon Nov 14, 2024 4:07pm

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Post# 36313535

RE:RE:Selloff should end around $85

We hit $80.50 back in early August and $83.50 in early September before we took off like a rocket. Shorts are trying to close the gap now

Letsmakemoredol wrote:
flamingogold wrote: If the uptrend is to continue with higher highs and higher lows, then we should bottom around mid $80's s. Of course, there could be a little over shoot. Below $80 spells a lot panic and doom and gloom. All unwarranted of course. Tariffs hit the middle class and lower folks. Not billionaires.

Q4 will be strong and should see buying return end of December and onwards.

flaming, do you have any data to back that up? technicals?