Boeing may rise to 205.20 - 210.70

Our pivot point stands at 176.8.

Our preference

The upside prevails as long as 176.8 is support.

Alternative scenario

Below 176.8, expect 167.8 and 162.5.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 176.2425 and 179.2398).

Supports and resistances

216.2 **

210.7 *

205.2 **

199.8

186.61 (USD-last)

180.5

176.8 **

167.8 *

162.5 **

Number of asterisks represents the strength of support and resistance levels.