Morgan Stanley extends losses - Analysis - 10-12-2018

Economies.com
2018-12-10 14:44PM UTC

\Morgan Stanley's stock kept falling in the intraday levels, amid negative pressure from the 50-day SMA, with negative signals from the RSI, amid the dominance of the main downward trend in the short term, recording a final loss of 3.03%, or 1.29 points, while leaning on the support of 41.05. 

 

Therefore we expect more losses for the stock, especially if the support of 41.05 was breached, targeting the next one at 37.93. 

 

Expected trend for today: Bearish  

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