Morgan Stanley Stock Code MS.NYS
Price broke and closed above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish after a bullish crossover and is hinting at a bullish price trend ahead. We think price is likely to move higher to the previous high at $91.48 in the next 2-3 weeks.
$91.45 Price Target
$81.90 Risk Management Stop
3 weeks Trade Duration