Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Morgan Stanley's stock (MS) kept rising in the intraday levels, scoring a fresh profit of 0.23% in the last session, or 0.10 points, as the stock attempts to trespass the resistance of the SMA for the last 50 days period, getting rid of its negative pressure, amid the dominance of the main upward short-term trend along the trend line, as relative power indicators reached extremely overbought levels.
Therefore we expect more gains to come for the stock, targeting the pivotal resistance of 47.17.