Hey traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. MORGAN STANLEY is a bullish probability of pull back to start again on its rise. Please LIKE & FOLLOW, thank you!
One of the stronger stocks in the Financials sector. Breaking above the $41 area on solid volume.
Targets $30 then $20 unless vaccine is found tomorrow and insolvency of their clients disappears overnight :)
Potential H+S pattern on Morgan Stanley (MS) May wish to wait for further confirmation of the breakdown before entering, if you choose to enter now, i would use a close above the right shoulder as an initial exit. P.S. The H+S pattern i noted on JPM also seems to be developing quite nicely, overall the financial sector (XLF) is one to keep an eye on -TradingEdge
There is the potential for a nice selloff in MS (and $BAC) after busting a parallel channel. The banks have been hit during virus. On May 4 we received a rare 2 million single block trade on MS, which we have splashed and are testing now. We are dropping below. This is a very bearish signal for me. MAY 6 2020, 10:13 AM EDT VOL (K) | PRICE ($) | ...
I'd appreciate a like and comment to encourage engagement across our community. My name is Eric Choe. I am a professional trader with over 7 years of equities and cryptocurrency experience. I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world. I left my high-paying salary as a management...
Short by put option to weekly level support $16
SHORT Short by put option to weekly level support $16
Alex Vieira Downgrades Morgan Stanley to Strong Sell $56 on their public Tesla BULL CASE upgrade to $1,200
Divergence and Fibs. What else do you want to know?
Price finishing the 5th wave within bigger wave 3 at level $50 and forming a double top with RSI divergence. Selling to level 47 before the next spike to the upside. Break of the neckline for confirmation. Good Luck!