Morgan Stanley tries to gather momentum - Analysis - 18-09-2019

Economies.com
2019-09-18 14:43PM UTC

Morgan Stanley's stock fell in the short term while gathering momentum to help it recover anew and vent off overbought saturation in the RSI, retesting the ceiling of a price channel, amid positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the resistance of 45.00, as long as the support of 43.00 holds on. 

 

Expected trend for today: Bullish 

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