The Boeing Company (BA) cutting jobs

"Boeing expects a slowdown in commercial aircraft demand that it believes requires it to cut 4,500 jobs. That could be because with the economy contracting and financing tough for just about everything -- including multimillion dollar aircraft -- there could be a serious order slowdown in 2009 and 2010, order deferrals -- potentially between 30% and 70% of the total, and some cancellations as well".
bloggingstocks

On the 60 minute chart, the force index indicator is in a down trend. After the down gap prices seem to be printing a flag.

On the daily chart the trend is still up and the %b indicator has printed positive divergences.