Elikone
Long

Bullish view - BBD

TSX:BBD.B   BOMBARDIER INC., CL. B, SV
Another 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

Comments

I almost got out of it Friday lol. Guess I'll hold a bit to see where it goes. Thanks for the insight
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Elikone jjactual
@jjactual, it's exciting to see what happens.
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Elikone jjactual
@jjactual, i'll be posting a bearish view as well on monday, in case we couldn't brake over the .48 level which i doubt we will.
+1 Reply
jjactual Elikone
@Elikone, LOL 'exciting' isn't the adjective I'd use when my $$$ is involved...
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