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abrahme

Head and Shoulder on Morgan Stanely (MS)

Short
Morgan Stanley (NYSE:MS)  
abrahme  
NYSE:MS   Morgan Stanley
Trend Analysis Chart Patterns Technical Indicators
1
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trendanalysis chartpattern indicator
MS showing Head and shoulder pattern with last leg leaning downwards. As per chart it may fell till previous bottom of shoulder. Strong buying zone on 200 EMA which at bottom of shoulder. Keep watch.
Long only if downward trend line break on upside.
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