Boeing may fall to 143.00 - 149.80

185.7 is our pivot point.

Our preference

As long as 185.7 is resistance look for 149.8.

Alternative scenario

The upside breakout of 185.7 would call for 197.6 and 204.6.

Comment

The RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI would call for further downside. Moreover, the share stands above its 20 day moving average (175.87) but below its 50 day moving average (179.983).

Supports and resistances

204.6 **

197.6 *

185.7 **

181.2

176.41 (USD-last)

156.6

149.8 **

143 *

136.3 **

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