Morgan Stanley shakes off negative pressure - Analysis - 09-09-2019

Economies.com
2019-09-09 14:18PM UTC

Morgan Stanley's stock surged and shook off negative pressure from the 50-day SMA, opening the door for more gains while still trading within a descending price channel in the medium term, with negative signals from the RSI. 

 

Therefore we expect more gains for the stock, as long as the support of 42.00 holds on, targeting the resistance of 45.00. 

 

Expected trend for today: Bullish 

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