Like many of the Stocks which made their all time high in 2007 then declined into 2009 low in 5 waves making first leg down Wave "(A)" are since retracing Wave "(B)" up and due to general positive market condition could make deep retracement or even overshoot 2007 high in expanded Flat. Boeing is also from 2009 low has completed what I believe is Wave "A" high in...
Boeing broke and closed below it's up trend support. Also, the stock has been producing a series of lower high starting in February. Not completely bearish on it yet, but keeping an close eye on price movements.
