Morgan Stanley's stock kept rising in the short term, trespassing the support of the 50-day SMA and exposing itself to negative pressure, leaning thereafter on the upward correctional trend line in the short term, and coinciding with the RSI reaching oversold levels.
Therefore we expect the stock to return higher, provided the support of 42.80 holds on, targeting the resistance of 45.86.
Expected trend for today: Bullish