Boeing may rise to 204.30 - 210.60

Our pivot point stands at 174.

Our preference

The upside prevails as long as 174 is support.

Alternative scenario

Below 174, expect 163.6 and 157.4.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 182.132 and 179.5246).

Supports and resistances

216.9 **

210.6 *

204.3 **

198

184.83 (USD-last)

178.2

174 **

163.6 *

157.4 **

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