Boeing MT: bullish bias above 132.00.

Pivot: 132.00

Our preference: long positions above 132.00 with targets at 228.00 & 278.50 in extension.

Alternative scenario: below 132.00 look for further downside with 89.00 & 67.00 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:

320.00 **

278.50 **

228.00 **

197.74 Last

132.00 **

89.00 **

67.00 **