Morgan Stanley moves in tight range - Analysis - 06-10-2021
2021-10-06 12:23:52 GMT
(Economies.com)
Morgan Stanley's stock (MS) returned higher with a 2.11% profit, while trading within a tight range, amid attempts to vent off oversold saturation in the RSI, while hurt by piercing the main upward trend line, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the first support at 94.15, provided it holds below 98.70.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.0754
|
0.0101
|
0.9476%
|
|
|
|
|
1.2651
|
0.0088
|
0.7013%
|
|
|
|
|
22.110
|
0.198
|
0.904%
|
|
|
|
|
114.042
|
3.903
|
3.544%
|
|
|
|
|
117.55
|
0.15
|
0.13%
|
|
|
|
|
1854.785
|
-1.650
|
0.089%
|
|
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