Trade ideas
MS: Medium term bears!Morgan Stanley
Short Term - We look to Sell at 87.23 (stop at 89.69)
The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited. Prices expected to stall near trend line resistance. Further downside is expected. Preferred trade is to sell into rallies.
Our profit targets will be 80.98 and 79.00
Resistance: 92.40 / 109.00 / 120.00
Support: 81.00 / 72.50 / 53.00
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Swing short ideaHey all, I'm currently positioning myself for the next leg lower in the stock market. I am very confident Morgan Stanley's chart has topped out for a while to come and presents a safe shorting opportunity, in my opinion. I am looking for an entry *slightly* higher than where it currently rests. May try to time shorts when SPY gets to high 410's.
Rectangle TopVery long impulse wave with a bottom of 27.20 and a top of 109.73. MS reached it's high and looks it like price bounced around in a rectangle top for a while before breaking the bottom trend line which is now resistance. The bottom trendline of the rectangle top appears to have become the resistance line of yet another rectangle which has broken to the downside.
Price hit the yearly low earlier today at 76.89 and that is close to the .382 fib level of the impulse wave up (approximately 38% pull back of the wave up). The 2 year low is 35.53. 3 year low is 27.20.
There are a bunch of buyers in this impressive and steep rise up which is better viewed on weekly. (below)
Buyers often become sellers, eventually.
Short interest is lower than I expected at 1.46%.
Fundamentals look good. Dividend is 3.55% which is a substantial yield but comes with a high payout ratio of over 96%. The payout ratio shows the proportion of earnings a company pays its shareholders in the form of dividends, expressed as a percentage of the company's total earnings. In a perfect world, I would rather see a much lower payout ratio so that I feel the dividend is sustainable.
It seems there is no telling what the market will do hour to hour, much less day to day. I guess if one feels the market is finished pulling back, this could be a long. If one feels the market massacre is not over yet, then some would consider going short. Or some may sit on the side lines in cash like I am for the most part and watch the market. This could be my first true bear market and I am just trying to learn as much as I can. (o:
No recommendation
Rest on MondayWhen you're cognitively relaxed, you're likely to be in a good mood, so you like what you see, you trust
what you hear, you trust your intuition, and you feel comfortable and familiar. At this point, your thoughts
may also be relatively random and superficial. When you're nervous, you're more likely to be alert,
suspicious, put more energy into your hand, feel cramped, make fewer mistakes, but your intuition and
creativity are lower than usual
Thinking Fast and Slow
Relax ~
Morgan Stanley (US: MS) - Revival of the bull?100.77-101Morgan Stanley rebounded earlier on 8th March. Since then, prices had a strong consecutive up run especially for the past two days. Short-term target is at US$100.77-US$101.00 region. But we could buy at the lower immediate support at 86.45-87.00 region
Morgan Stanley bounce coming. This analysis is based simply on the pattern and the RSI. RSI says oversold, pattern indicates clearly it's at/near the bottom of the trend and will rebound back upwards. Will it make it to the top trend line? Probably not. I'd bail well before that. This is a short term play with a tight stop loss outside of the lower trend line.
MS on WatchMS looks poised to break out from a long term consolidation. Looking for a quick move to 108. Trade would be very rate dependent. If yields fall or the yield spread tightens bank stocks will drop. I like this in and above the green box. No longer interested below the green box. Targets are the fib extensions above.
$MS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%.
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MS - Double BottomPrice has twice bounced off support at around $93-$94 forming a double bottom pattern. This generally signifies the end of the prior downtrend and the beginning of a new uptrend so it looks like a good time to go long. Price has also just broken past resistance at $96, relatively easily, and there is a bullish crossover on MACD. Despite the strong technicals, this is a risky time in the market, especially with FOMC coming up in 2 days, so I would keep any position light. PT#1 is at $101.50 and PT#2 is at $106.50. Place a stop loss right under $94.






















