Boeing may fall to 151.50 - 157.70

Our pivot point stands at 188.7.

Our preference

Eye 157.7.

Alternative scenario

The upside breakout of 188.7 would call for 199 and 205.3.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is below its 20 day moving average (180.8955) but above its 50 day moving average (177.4938).

Supports and resistances

205.3 **

199 *

188.7 **

184.8

179.1 (USD-last)

163.6

157.7 **

151.5 *

145.6 **

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