Morgan Stanley tries to pierce stubborn resistance - Analysis - 14-09-2021

2021-09-14 10:22:43 GMT (Economies.com)
 

Morgan Stanley's stock (MS) rose 0.75% in the last session, settling at 104.40 while trying to pierce the pivotal resistance of 104.65, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 110.00, provided the resistance of 104.65 was breached. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1737
0.0023
0.1946%
1.3721
0.0045
0.3305%
Tadawul
11270.57
-40.58
0.36%
22.663
0.362
1.625%
73.377
2.444
3.446%
77.25
1.03
1.35%
1751.360
-5.445
0.310%
 
 
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