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

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TSX:BBD.A - Post Discussion

Bombardier Inc. > Next Resistance point

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Post by BBDB859 on Jul 16, 2024 8:58pm

Next Resistance point

Next resistance point will be at $117 to $119 (US Goldman Sachs, 2M Share purchase from TD). This $97 to $98 was a smaller resistance point.

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Comment by stock4life48 on Jul 16, 2024 10:32pm

and when do you expect to be at these levels?

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Comment by johnney on Jul 16, 2024 11:59pm

Rsistance point at $117 US, you say, or you meant in CAD money?

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Comment by BBDB859 on Jul 17, 2024 10:07am

No this is Canadian money Johnney.

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Comment by BBDB859 on Jul 17, 2024 10:38am

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 ...more

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