Stocks

Boeing may rise to 199.70 - 207.10

2024-08-22

Our pivot point is at 160.7.

Our preference

Short term rebound towards 199.7.

Alternative scenario

Below 160.7, expect 148.8 and 141.6.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 175.204 and 179.1874).

Supports and resistances

214.4 **

207.1 *

199.7 **

192.2

172.1 (USD-last)

165.4

160.7 **

148.8 *

141.6 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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