Morgan Stanley tries to vent off oversold saturation - Analysis - 19-02-2019

Morgan Stanley's stock rose 3.12% in the last session, or 1.27 points, trespassing the resistance of the 50-day SMA, while venting off oversold saturation in the RSI, while trading alongside the downward trend line in the short term. 

Therefore we expect the stock to decline, as long as the resistance of 42.88 holds on, targeting the support of 40.12. 

Expected trend for today: Likely Bearish