Growth is possible.

On the daily chart, the fifth wave of the higher level (5) of А forms, within which the first wave of the lower level 1 of (5) ended. Now, a downward correction has formed as the second wave 2 of (5), and the third wave 3 of (5) has started. If the assumption is correct, the price will grow to the area of 266.00–300.00. In this scenario, critical stop loss level is 159.60.

Shares of The Boeing Co., one of the largest manufacturers of aviation and space technology, are trading within the corrective trend at 181.00.