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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

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. > Support / resistance
View:
Post by VicesVertus2222 on May 05, 2023 9:26am

Support / resistance

On a wkly, first week of Oct 21 hi of 57.50 closed at 56.60 or so.

First do of Jan 23, 55.50 became support until now.

On a daily it is around 57 for support most recently except for 3 or 4 days. Say 56.50 to be conservative.

But my guesstimate is 57.

Fibo 68 is at 53, doubt BBD to get there.

Moreover 3 lows at 56.50. We may see a rebound.

I slowly  got back in between 57 and 58.

See what happens from here.

Glta
Comment by johnney on May 05, 2023 9:44am
Right, three lows of  $56.50, shouldn't stay there very long!
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