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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. > Grinding down & looking for support "around" 200 day ma.....
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Post by Acuras1 on May 31, 2023 12:15pm

Grinding down & looking for support "around" 200 day ma.....

If this stock is going to be accumulated by a broader range of institutional investors, the share price had to correct to at least "around" the 200 day ma. (so easy with 20 / 20 hinsight:).
The MM have been favouring shorts downwards from every short term high to bring it back down where more palatible to accumulate. (W & R).

At this juncture I would not be supprised to even go a little under the 200 days.
Great time to add shares,
GLTA
Comment by glory7 on May 31, 2023 12:26pm
Heard that for 20 f years?
Comment by Acuras1 on May 31, 2023 2:29pm
In that case I hope that's served you well! GLTA
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