Boeing may rise to 203.90 - 209.00

Our pivot point stands at 178.3.

Our preference

The upside prevails as long as 178.3 is support.

Alternative scenario

Below 178.3, expect 169.6 and 164.6.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 183.6235 and 182.2006).

Supports and resistances

214.3 **

209 *

203.9 **

198.7

186.86 (USD-last)

181.8

178.3 **

169.6 *

164.6 **

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