BDRBF trade ideas
BBD.B BUY!!! Good time to BUY and HOLD it like a LORD of the RING. )) Cheap, but very good company. Waiting a very good move UP.
bombardier Targets!- technical is obvious: top of channel, then resistance line , then MA200 in daily as always.
need volume. to reach targets
fundamentals can help increasing volume:
www.globenewswire.com
pdf.reuters.com
Targets clear on the chart.
Seems worth having 5-10% of your portfolio if you have not yet
BOMBARDIER INC., CL. B, SVBOMBARDIER have up trend now is in good place for back up if not broke the trend
Bombardier weekly reversalHello Traders,
Bombardier finally broke .57 resistance, and looking for the weekly reversal. It is currently testing .56-.57 as a potential support. The volume is decently high for the breakout. In case .56 does not hold, .53 retest may be necessary.
Daily 100MA most likely acts as an overhead resistance, but plenty of profit can be made in this trading range.
Target 1: .69
Target 2: .80
Bombardier IncSince the Covid-19, the sector of aeronautics got hit as project has been stopped, cancelled or postpone.
Through out this last 20 days we can see a ranging motion, the next sign of rise, can indicate a good potentiel buy if it breaks consistensly at a level of 0.88.
Breakout above big resistance forming solid bottomBBD looking to push upwards despite new layoff anouncements. Entrance between 0.60-0.65 for near term target at 0.80
Bullish view - BBDAnother analysis for Bombardier is the fact that it just finished 5 impulse waves and corrected to the 70% fib level. We might see one more leg down or a double bottom around the $0.43 before the takeoff.
Anything below 0.40 would invalidate our count and then we could see a new all time low.
......
Blessings
BBD.B Head and Shoulderhuge dip on earnings, approaching previous resistance. If reaches last support, will follow second shoulder
Bombardier upside rallyBBD just getting started its new rally. Upside target $1.25 at least. Then Potentially $2.5
Bombardier LONGtechnical chart is obvious. we will rise at least to the first fib line. next week is the quarter report and based on the fundamental news of reopening airlines, it is good time to observe it and buy when hits low.
Bombardier MonthlyThe class B Seems to have found temporary support around 0.405
Let's see if we can expect a reversal. TSX:BBD.B
4 HOUR BOLLINGER BAND IS YOUR FRIENDWe are in unique times and Bombardier has been a forefront name to Canadians for a long time. During this pullback we have been outside the 4 hour BB twice, once on the drop March 18/19 and once after the big bounce on March 26. We are now coming back to the low of 52 weeks ($0.38) with the 4 hour timeframe nearly outside of the BB and the hourly in oversold conditions. Barring big economic news, I can see a hold of the low and bounce back into the mid $0.40 range.
BBD LongHammer printed on daily touching 1 year trend line, slow uptrend after printing hammer forming an asecending triangle pattern with increasing volume going into earnings. Possible upside breakout after earnings report.
Bbd.b bailout soon to comeLooking for a double bottom around .80 cents. Uptrend failed after the breakout. Wait on the sidelines. The government will bail bombardier out.
3.00 targetDaily flags and bull candles looks to push bbd out of the downtrend after recent asset sales. Short terM target 3.00
BOMBARDIER going up short term BBD.BBOMBARDIER going up short term.
Bullish RSI
Target 1.85
Position at 1.62
For personal reference.
Not an investment advice.
