As more countries join in to ground the Boeing 737 MAX, $BA share price remains pressured. But, the price structure is still bullish. While we might see some volatility ahead in the short to medium-term, Boeing is still a strong name. Now, the airplane maker still has to placate the authorities, consumers and the market with a productive investigation that will assure improvements to safety. Even then, it will take real fixes to bring back the bullish momentum. Meanwhile, we might anticipate some more consolidation, but it doesn't look like BA will be significantly bearish. BA Daily Chart (click to enlarge) Bullish Structure:- Looking at the daily chart, we can see that the overall trend has been bullish. Price consolidated throughout 2018,but was in a bullish continuation run since late 2018 through February.- The recent drop brought price under $400, and closed that gap we saw in late January. But the overall structure is still bullish as price still holds above the 200-day simple moving average. Price is also still at the upper portion of the 2018 consolidation range. - The $365-$370 area is now a key support pivot that is keeping the structure bullish. - A break below $360 might open up some short-term bearish outlook, but the long-term trend is still bullish. I doubt price will fall back towards the $290-$310 area, which would be a very critical support area. - I think BA will maintain its bullish structure. Even if price cracks below $360, I think BA will find support in the middle of the consolidation range, around $340. - The upside might be limited for a few months. Plus, there could be a contraction in the general market that could weigh on BA. But ultimately, I think price will be anchored back above $400 by 2020.