American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Morgan Stanley tackles current resistance - Analysis - 13-08-2020

Economies.com
2020-08-13 14:04PM UTC

Morgan Stanley's stock fell 0.06% in the last session with negative signals from the RSI while venting off overbought saturation from the RSI, while trading alongside the upward short-term trend line, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to rise and target the pivotal resistance of 57.56, provided the resistance of 52.00 was breached.

 

Expected trend for today: Bullish  

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