Morgan Stanley climbs through negative pressures - Analysis - 14-01-2019

Morgan Stanley's stock rose 0.19% in the last session, or 0.08 points, amid the dominance of the main downward trend in the medium term, while suffering negative pressure from the 50-day SMA, as the RSI reached overbought levels compared to the stock's movements.

Therefore we expect the stock to return lower, as long as the resistance of 43.06 holds on, targeting the support of 40.06. 

Expected trend for today: Likely Bearish