Bombardier : out of day RSI (20) without the usual Vol Boost
Les Affaires gave a analysis of BBD.A last friday witch i agree on
http://www.lesaffaires.com/bourse/analyses-de-titres/a-surveiller-dollarama-bombardier-et-lululemon/606996/2
It's gonna go back at 5,50$ at some point.
For now we can expect a under 2$ drop before heading to that point.
My guest is that focus on the market is elsewhere and people could see Bombardier like something with more potential then any tech stock now.
So we may be out of that RSI low (day 20)
and we didn't yet see that 2 consecutive volume in the green with second one higher
normaly after a RSI drop we see that and a price move up of about 10%.
my guest is that we're gonna see that 2,15-2,20 resistence becoming a 2,60 soon.
http://www.lesaffaires.com/bourse/analyses-de-titres/a-surveiller-dollarama-bombardier-et-lululemon/606996/2
It's gonna go back at 5,50$ at some point.
For now we can expect a under 2$ drop before heading to that point.
My guest is that focus on the market is elsewhere and people could see Bombardier like something with more potential then any tech stock now.
So we may be out of that RSI low (day 20)
and we didn't yet see that 2 consecutive volume in the green with second one higher
normaly after a RSI drop we see that and a price move up of about 10%.
my guest is that we're gonna see that 2,15-2,20 resistence becoming a 2,60 soon.
Trade closed: target reached:
it took 2 months
but price got to 2,32$ in january
than febuary 7th.
the two green volume candle actually confirmed the legit boost
but price got to 2,32$ in january
than febuary 7th.
the two green volume candle actually confirmed the legit boost