gtrades
Short

MS Short swing trade idea

BATS:MS   MORGAN STANLEY
121 0 0
7/2 MS             Short swing trade set up. Closed below 50 SMA today. Short at the break of support in the 23.91-24.00 area, using the descending trendline to set a stop.

Could also short within the area of the trend lines with the same stop. That may be a little tricky since the 50 SMA could act as support if reclaimed.

1st target is top of the gap at 22.67. Next target is 20.77-20.95 zone. Full measured move target is 22.65, which is close to this support zone.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out