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optionfarmers
Oct 6, 2021 5:21 PM

$ms morgan stanley has that look..... 

Morgan StanleyNYSE

Description

morgan stanley failed to make higher highs and is now seeming to test support level. its moved up big over last year, around 300% from the lows, so profit taking could be a thing. Not a big grower and around 3.5x sales and 1.84 book value, but do they have exposure that market is fearing? time will tell.
Comments
MizzouChemRxn
Looks to have held the neckline.
optionfarmers
@MizzouChemRxn, yes it has.breaking above 101-104 will make my observation wrong and the uptrend would presumably resume. It’s also possible that it finds resistance and tests support again.
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