Boeing may rise to 211.00 - 217.50

174.1 is our pivot point.

Our preference

The upside prevails as long as 174.1 is support.

Alternative scenario

Below 174.1, expect 163.7 and 157.5.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 181.853 and 179.9548).

Supports and resistances

224.1 **

217.5 *

211 **

204.5

185.84 (USD-last)

178.3

174.1 **

163.7 *

157.5 **

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