Boeing may rise to 171.30 - 176.20

Our pivot point stands at 148.1.

Our preference

Short term rebound towards 171.3.

Alternative scenario

Below 148.1, expect 140.4 and 135.6.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading above its 20 day moving average (153.1155) but under its 50 day moving average (161.2502).

Supports and resistances

180.9 **

176.2 *

171.3 **

166.6

155.31 (USD-last)

151.2

148.1 **

140.4 *

135.6 **

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