Morgan Stanley turns gains into losses - Analysis - 15-11-2018

Morgan Stanley's stock hit an intraday high at 46.75, bouncing off it lower and turning the gains into losses before the close, and thus marking a loss of 1.86%, or 0.83 points, while still leaning on the pivotal support of 43.06, amid negative pressure from the 50-day SMA, with the dominance of the downward medium-term trend. 

Therefore we expect more losses for the stock, especially if the support of 43.06 was breached, targeting the next one at 41.05. 

Expected trend for the stock: Bearish