This is a good week for Boeing Co. It sounds like the worst of its recent 737 Max crisis might be over. Here was CEO Dennis Muilenburg during the Paris Airshow talking about 737 Max likely being ready for flight within the year:The 737 Max is Boeing's bread and butter. According to the Wall Street Journal, International Consolidated Airlines Group SA (IAG) has provided a letter of intent to order up to 200 of them:Boeing Ends Order Drought Triggered by 737 MAX Crisis (WSJ)Price is reflecting some return to optimism from the market:BA Daily Chart(click to enlarge)Pullback Over?- As we can see on the daily chart, price pulled back from just under $450 to around $340 before consolidating. - Price fell below the 200-day simple moving average (SMA) and a key support/resistance pivot in the $365-$370 area. - If price starts treating this area as resistance, we should anticipate further correction.- However, price action this week is so far pushing against this resistance, though not with strong volume yet. - Still, it looks like price is at least clearing above the recent consolidation range, which had resistance at $360. - If the RSI also clears above 60, we have more clues that the bearish correction is over. - This scenario opens up at least the $400-$415 area, if not the 2019 high around $445.