Morgan Stanley shakes off negative pressure - Analysis - 24-11-2021

Morgan Stanley's stock (MS) tumbled 2.56% in the last session amid positive signals from the RSI, settling thereafter at 101.86, shaking thereafter the negative pressure from the 50-day SMA, amid the dominance of the main upward medium-term trend. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 105.80, provided the support of 96.60 holds on.

Expected trend for today: Bullish