A cluttered chart showing with all my work of predicting a 60-70% upside opportunity in Morgan Stanley.
Target: $65-70 depending on time with more upside if breaks out of long term channel.
Stop at 34.31 below golden zone of 2 to 3 Elliott wave move. As low as $33 (50% retrace of waves 1-3 move).
Morgan Stanley predicted end of economic cycle in 2021. www.morganstanley.com
And it looks like a yield curve inversion will occur in 2019 or 2020. fred.stlouisfed.org
I combined the above ideas and drew a green line staying...
Growing stock brokerage firm Swastika Investmart, listed in Bombay Stock exchange, trading very cheap in comparison to its peers.
Swastika has an Earning Per Share of Rs22 , FV of 10 and is going to become a National Brand.
MUST BUY & Hold for 5 to 10 years time frame.
The stock price is expected to rally 10 times from current levels.