Boeing may rise to 207.40 - 214.10

Our pivot point stands at 173.2.

Our preference

The upside prevails as long as 173.2 is support.

Alternative scenario

Below 173.2, expect 162.1 and 155.5.

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 182.469 and 177.808).

Supports and resistances

220.7 **

214.1 *

207.4 **

200.6

182.67 (USD-last)

177.3

173.2 **

162.1 *

155.5 **

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