The shares of The Boeing Co., one of the largest manufacturers of aviation and space equipment, are trading within a corrective trend at 227.00.

The probability of growth remains.

On the daily chart, the third wave of the higher-degree wave 3 of (5) is unfolding, while the third wave of the lower-degree wave iii of 3 is also developing.  On the 4-hour timeframe, wave (iii) of iii has formed, within which wave iii of (iii) is currently developing. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 300.00–350.00 zone, with a critical stop loss level at 187.00.