Boeing may rise to 167.80 - 172.40

Our pivot point is at 142.6.

Our preference

Short term rebound towards 167.8.

Alternative scenario

Below 142.6, expect 135.2 and 130.7.

Comment

The RSI is below its neutrality area at 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 153.09 and 161.6116).

Supports and resistances

177 **

172.4 *

167.8 **

163.2

152.35 (USD-last)

145.6

142.6 **

135.2 *

130.7 **

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