Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Morgan Stanley's stock (MS) fell 0.82% in the last session, as the pivotal resistance of 77.10 holds its ground, while the stock gathers momentum to pierce that resistance, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 84.00, provided the resistance of 77.10 was breached.
Expected trend for today: Bullish