Boeing may rise to 168.00 - 173.30

Our pivot point stands at 142.

Our preference

Short term rebound towards 168.

Alternative scenario

The downside breakout of 142 would call for 133.3 and 128.1.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 154.715 and 163.7498).

Supports and resistances

178.5 **

173.3 *

168 **

162.7

149.37 (USD-last)

145.4

142 **

133.3 *

128.1 **

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