Morgan Stanley ends lower - Analysis - 23-04-2018

Morgan Stanley's stock (MS) fell in the intraday levels, recording a loss of 0.44% in the last session, or 0.24 points, after touching the resistance of the 50-day SMA, as the stock tries to gather momentum to help it rise anew, amid the dominance of the upward short-term trend, with positive signals from the RSI. 

Therefore we expect the stock to return higher, targeting the resistance of 58.04, as long as the support of 51.51 holds on.