Bullish Flag, confirmed. Pros: Descending volume during formation Volume increase at break out Golden cross in blue PPS above 50MA and 200MA RS above 0, but descending ATR Ascending R/R ratio above 6 200MA ascending Cons: 250RSI below 50 PT = 0.7905$
Bombardier Pitchfork and Fibonacci circles
Long term MONTHLY channel is starting to flash buy signal.... The compagny is only worth ~750 millions. This will be a lose everything or 2000% gain story.
Information Position: Long # of Stocks: 50 Price: 0.435
Information Position: Long # of Stocks: 50 Price: 0.62
Big spike for BBD coming. Looking to retest top of chart
Good time to BUY and HOLD it like a LORD of the RING. )) Cheap, but very good company. Waiting a very good move UP.
!- 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 have up trend now is in good place for back up if not broke the trend
Hello 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...
Since 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.
BBD looking to push upwards despite new layoff anouncements. Entrance between 0.60-0.65 for near term target at 0.80
GETTING OUT OF REVERSAL WEDGE! RISK/REWARD:6.7
Looking like a solid bottom forming. Looking for a quick play above 0.60
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