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TradingBandito06
Feb 26, 2023 2:03 PM

MS - Minor Low Breakout Long

Morgan StanleyNYSE

Description

MS is the strongest stock in the XLF sector (Financial)

G/G trend with Vscore, Volume Profile, 21/34 propulsion, Darvas 3.0.

XLF has pulled back, but should resume trend with macro economic uncertainty (inflation reports/rate discussion) settles down.

Looking by the minor low breakout.
Prices with in the 13/21 propulsion dot levels.

Entry - $98.05
Profit - $99.80
25% stop loss

21APR23 97.5 Calls


Order cancelled

Did not take this trade due to option prices. Options were over $6 at the time of the breakout.

Trade probably would have been stopped out @ 25% Loss
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