Boeing may rise to 177.70 - 182.20

152.3 is our pivot point.

Our preference

Short term rebound.

Alternative scenario

Below 152.3, expect 144.6 and 140.1.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the stock is trading above its 20 day moving average (153.377) but under its 50 day moving average (160.811). Finally, Boeing has crossed above its upper daily Bollinger band (159.48).

Supports and resistances

187 **

182.2 *

177.7 **

172.9

159.82 (USD-last)

155.4

152.3 **

144.6 *

140.1 **

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