Morgan Stanley exhausts positive chances - Analysis - 15-05-2019

Economies.com
2019-05-15 13:23PM UTC

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    

Stocks Technical Analysis

United States Analysis

Stocks

CVS price climbs cautiously - Forecast today - 28-03-2024
2024-03-28 11:18AM UTC
CVS Health Corporation Stock Analysis CVS Health Corporation’s stock price edged up in the ...
United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...