Morgan StanleyLong
Morgan Stanley Wave Analysis – 30 January 2025
- Morgan Stanley is rising inside impulse wave iv
- Likely to rise to the resistance level of 145.00
Morgan Stanley continues to rise inside the minor impulse wave iv, which started earlier from the key support level of 135.00 (the former monthly high from November), acting as support after it was broken earlier.
The active impulse wave iv belongs to the higher-order upward impulse sequence (C) from last August.
Given the overriding daily uptrend, Morgan Stanley can be expected to rise further to the next resistance level at 145.00 (the target price for the completion of the active minor impulse wave 3)
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
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Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.