Morgan Stanley declines alongside upside trend line - Analysis - 13-04-2021

Economies.com
2021-04-13 11:15AM UTC

Morgan Stanley's stock (MS) fell 0.67% in the last session while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI.

 

Therefore we expect the stock to rise and target the pivotal resistance of 85.00, provided the support of 77.10 holds on.

 

Expected trend for today: Likely Bullish 

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