Boeing may fall to 148.30 - 154.30

Our pivot point stands at 184.6.

Our preference

The downside prevails as long as 184.6 is resistance.

Alternative scenario

Above 184.6, look for 194.8 and 201.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 181.037 and 177.3404).

Supports and resistances

201 **

194.8 *

184.6 **

180.7

176.3 (USD-last)

160.2

154.3 **

148.3 *

142.5 **

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