Boeing may rise to 199.20 - 206.50

Our pivot point is at 163.6.

Our preference

Short term rebound towards 199.2.

Alternative scenario

Below 163.6, expect 151.4 and 144.3.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the stock is trading above its 20 day moving average (173.696) but under its 50 day moving average (178.4446).

Supports and resistances

213.9 **

206.5 *

199.2 **

191.8

174.96 (USD-last)

168.3

163.6 **

151.4 *

144.3 **

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