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Bombardier increases after finding support Wednesday January 15, 2020 17:00 EST

Jan 15, 2020 - News Bites Canadian Markets


Bombardier Inc. (TSX:BBD.A), Canada's 5th largest Aerospace & defense company by market cap, has increased 0.5% after hitting the lower Bollinger Band three times in the last ten days. This is a bullish signal. The lower Bollinger Band marks the trajectory of support on a stock price. Bombardier's stock price has increased 1.0c (0.5%) from its previous trading session to close at CAD1.83. Compared with the S&P/TSX 60 Index which rose 3.6 points (0.3%) in the day...