Morgan Stanley rises amid negative pressures - Analysis - 28-05-2019

Economies.com
2019-05-28 09:45AM UTC

Morgan Stanley's stock rose 0.59% in the last session while pressured by exiting an ascending price channel in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.l 

 

Therefore we expect the stock to decline, especially if the support of 42.80 was breached, targeting the next one at 40.10. 

 

Expected trend for today: Bearish 

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