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Bullboard - Stock Discussion Forum 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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > BREAK AND RUN
View:
Post by Starsearcher80 on Oct 17, 2022 10:32am

BREAK AND RUN

Are we now seeing the beginning of a break and run above the resistance at about $29.10 of the converging moving averages? It's still early here but I would be yes. Volume is coming in nicely, and we are now at what I would consider the first "official" day of anticipation buying for the quarterly. If we can break free of this area, there is a LOT of upside.
Comment by BestGoldigger on Oct 17, 2022 10:45am
YES !
Comment by vonSachsenanhal on Oct 17, 2022 11:50am
Nice call, Star. It's about time for a dramatic break to the upside.
Comment by Starsearcher80 on Oct 17, 2022 2:15pm
Well I have to say, I'm very VERY pleased with how the stock is tracking today.  So far today, Bombardier is tracking almost a picture-perfect break and run pattern.  Sure enough, the break through the triple resistance point got all the traders in a lather, and there was a very quick run up to the $30.00 level.  At these break points, people buy at different points.  I ...more  
Comment by BBDB859 on Oct 17, 2022 3:12pm
The market increase, has helped that showing today as well, with such a strong run too. The Macro is affecting things. But people are tired of all the sitting on the fence they're doing. I think, things will start to normalize soon, and people are going to realize that we are going into Recessionary times (We're in the beginings now). Therefore RE (real estate) will suffer while stocks ...more  
Bombardier Inc.