Boeing may rise to 170.00 - 174.50

Our pivot point stands at 148.1.

Our preference

Short term rebound towards 170.

Alternative scenario

Below 148.1, expect 140.5 and 136.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands above its 20 day moving average (153.201) but below its 50 day moving average (160.9728).

Supports and resistances

179 **

174.5 *

170 **

165.4

155 (USD-last)

151

148.1 **

140.5 *

136 **

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