I am a strong believer of technical analysis, It simplifies the process of dicition making. Building a new long position in Morgan Stanley. :)
My level: 101.80 Why: Previous low, 50D Notes: Holding the 50D, nice pullback to the previous day’s low and the 50D. If it tests this level it could be a $2-3 trade.
Analise rápida na Morgan Stanley MS, para continuar em alta precisa romper o ultimo topo próximo aos $42,00, falando em Fibonacci precisa romper os 161,80% para buscar os 261,80% .
THIS CHART SHOWS LONG AND SHORT TERM SUPPORT AND RESISTANCE .