Boeing may rise to 204.30 - 210.60

Our pivot point stands at 174.6.

Our preference

The upside prevails as long as 174.6 is support.

Alternative scenario

The downside breakout of 174.6 would call for 164.2 and 158.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 182.383 and 179.2116).

Supports and resistances

217.1 **

210.6 *

204.3 **

198

184.31 (USD-last)

178.6

174.6 **

164.2 *

158 **

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