Morgan Stanley receives support - Analysis - 31-03-2021

Economies.com
2021-03-31 10:13AM UTC

Morgan Stanley's stock (MS) rose 1.55% in the last session after leaning on the main upward medium-term trend line, while also leaning on the support of the 50-day SMA, with positive support from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 85.00, provided the support of 77.10 holds on.

 

Expected trend for today: Bullish 

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