Boeing may fall to 138.40 - 144.60

Our pivot point is at 177.2.

Our preference

The downside prevails as long as 177.2 is resistance.

Alternative scenario

Above 177.2, look for 187.6 and 194.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 176.878 and 180.5486).

Supports and resistances

194 **

187.6 *

177.2 **

173.1

168.76 (USD-last)

150.6

144.6 **

138.4 *

132.4 **

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