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.% | ||
|---|---|---|---|---|---|
|
|
|
0.9685
|
-0.0292
|
2.9282%
|
|
|
|
|
1.0760
|
-0.0606
|
5.3348%
|
|
|
|
|
18.737
|
-0.522
|
2.710%
|
|
|
|
|
78.305
|
-4.185
|
5.073%
|
|
|
|
|
85.06
|
-0.56
|
0.65%
|
|
|
|
|
1645.280
|
-18.670
|
1.122%
|
|
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