Boeing may rise to 214.20 - 221.30

180.3 is our pivot point.

Our preference

The upside prevails as long as 180.3 is support.

Alternative scenario

The downside breakout of 180.3 would call for 168.4 and 161.3.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 182.0205 and 177.9954).

Supports and resistances

228.7 **

221.3 *

214.2 **

207.1

190.12 (USD-last)

184.9

180.3 **

168.4 *

161.3 **

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