"Has Boeing turned the corner???" I think the answer to this technically is still difficult to say, despite today's sharp gains to multi-day highs for BA -1.47% . However, i do view Wednesday's gains as being promising, and feel that a move above $210 would make the near-term trend bullish, arguing for a likely rise up to $225, and then $233, which approximates the 50% retracement level of its decline from late December 2023. While sentiment seems overly bearish on Boeing lately, the shares have begun to grind sideways in a stabilizing type fashion, which is a minor positive. Its sector, Industrials has proven to be the 2nd best sector over the last 1 month and 3 month basis, with returns of 6.08 and +14.38% respectively. Industrials also is the most overbought, per Daily RSI, though this does not represent a bearish omen, in my view. Overall, i feel that BA is one stock that should be beginning a mean reversion type move higher within its strong sector. Risk levels for investors lie at $197 on the downside, which can't be breached without resulting in further near-term selling. Conversely, as mentioned above, $210 is the key resistance level that needs to be exceeded to have faith that BA might have bottomed from a technical perspective. At present, Wednesday's gains make this stock one to watch carefully in the days ahead, but do not constitute an immediate technical attractive entry point just yet barring a move back above $210.