Boeing may rise to 210.70 - 218.10

Our pivot point stands at 173.9.

Our preference

The upside prevails as long as 173.9 is support.

Alternative scenario

The downside breakout of 173.9 would call for 162 and 154.8.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 179.78 and 178.0398).

Supports and resistances

225.3 **

218.1 *

210.7 **

203.4

188.62 (USD-last)

178.5

173.9 **

162 *

154.8 **

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