Big symmetrical triangle forming on MS here, personally am bullish and will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - EMAs starting to curl upwards - Slight hidden bullish divergence on the RSI - Buyer volume picking up...
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 85.71%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
short when breaks and takes levels + tests up for resistance
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.
MS | Long | 03 oct 2021 Entry: 99.48 TP: 102.4 SL: 98.5
Wave 5 look so still going so we not sure that is we are in correction yet
DISCLAIMER This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. There is absolutely no financial advice here because the only financial advice I can give is to research, research, and research. The purpose of this analysis is to serve as an example of an investigation into a company's background,...
After break over resistance - kiss and go. Long above 97.17
As you can see, $MS broke out from one of its major resistance levels. I expect a pullback back to the support. Once MS pullback (should happen tomorrow) we should have a bigger upward momentum.
Been a hell of a year for these guys but the rally looks to be running out of momentum to me. With the markets on edge right now, feel safe taking a low risk short position here.
The PEAD projected a Bearish outlook for $MS after a Negative Under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
We saw MS hit ATH in June 2021, previously breaking the high from September 2000. I think there is a good chance we see a new test soon, maybe not tomorrow as Theory 2 shows, but on one of these legs up in this bull channel. I am bearish because it already rejected TL resistance twice forming the double top. We may or may not see a triple top.
We are considering the possibility of continuing the upward movement. We hold the level by RSI. + increase in analyst ratings. Also, the price bounced off the EMA50. The planned decree of President Joe Biden, aimed at increasing competition in the United States, can play a negative role.
Same situation like MMM, entry for this one is ard 87.56, it is heading to TP but as long as it hasnt hit TP, it is still a valid buy trade. You may wait for retracement to reenter. Make sure to apply set loss and take profit level to all your trade.
top wave structure as well as 4to 5 spirals in time are now peaking in the banks . look for a min drop 11.8
Financial sector is one of my favorite sectors to play, especially with this market volatility. $85 = Key Resistance levels Fib extension for exit points, but this will be a long term hold for me. $90c for June is not a bad play as well here. YTD: +22.11% 6Months: +50.64% 1M: +4.37% 5d: -0.98% 1d: +1.97%