Morgan Stanley

MS STOCK SEEMINGLY TRACKS DJIA

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MORGAN STANLEY STOCK PRICE TRENDLINE TRACKS VERY MUCH SEEMINGLY THE DOW JONES INDUSTRIAL AVERAGE TRENDLINE,
THE BLUECHIP BENCHMARK INDEX AND THE STOCK PRICE HAVE MOVED MIRRORING EACH OTHER FOR MOST OF 2020.
INTRADAY HANGING MAN CANDLESTICK COULD HINT FOR A REVERSAL IN THE MS TRENDLINE STOCK PRICE, AS SIMILARLY THE DOW JONES INDUSTRIAL AVERAGE
HAS INTRADAY MOVED ABOVE THE 200 DAYS MA, A LONGSTANDING BEARISH SIGNAL EMBED WITH THE USA ECONOMIC RECESSION, HOWEVER, THE INTRADAY MOVE COULD BE
A TEST ABOVE TO THEN HAVE A REVERSAL BELOW, OR OTHERWISE WOULD BE A BULLISH SIGNAL WITH THE DJIA GOING HIGHER.
WATCHING HOW MS STOCK PRICE WILL TRADE ALONG THE BANK EARNINGS, WITH WIDER EARNINGS COMING THROUGH, COULD EVENTUALLY BE CORRELATION SIGNAL ALSO
FOR THE DOW JONES. IN FACT, IF MORGAN STANLEY WOULD PERFORM A REVERSAL RETRACING TOWARD THE NEAREST IKH KIJUN LINE SUPPORT $48.15 STOCK PRICE,(M&S COULD ALSO 200 DAYS MA $45.56)
THAT COULD BECOME ALSO AN HINT FOR THE DOW JONES INDUSTRIAL AVERAGE AVING TESTED ONCE AGAIN THE 200 DAYS MOVING AVERAGE BUT BEING REJECTED AS BUY SIGNAL,
AS THE OVERALL USA ECONOMY STAGNATES IN RECESSION, WITH THE GLOBAL ECONOMY STAGNATING IN RECESSION.

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