Boeing may rise to 174.80 - 180.00

Our pivot point is at 147.9.

Our preference

Short term rebound towards 174.8.

Alternative scenario

Below 147.9, expect 139.1 and 134.

Comment

The RSI is below 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 (155.584) but under its 50 day moving average (165.1152).

Supports and resistances

185.4 **

180 *

174.8 **

169.4

155.91 (USD-last)

151.3

147.9 **

139.1 *

134 **

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