Morgan Stanley has formed inverted head and shoulders.Morgan Stanley - 30d expiry - We look to Buy at 83.75 (stop at 80.75)
Bespoke support is located at 83.00.
A bullish reverse Head and Shoulders has formed.
Further upside is expected although we prefer to set longs at our bespoke support levels at 83.00, resulting in improved risk/reward.
We look to buy dips.
A lower correction is expected.
Our profit targets will be 91.25 and 92.75
Resistance: 87.70 / 88.70 / 89.65
Support: 85.60 / 83.00 / 81.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
MS
MS - large wave C down just startedHere is a long-term view on the banking sector in US. I see Feb'22 peak as completion of large B-wave of flat correction, C-wave of which might take couple of decades before it finishes. So far it has printed wave 1 of circle wave 1 and started wave 1 of 3 (tag is not on the chart). Expect to see some downside action until mid-May to complete 5 of 1 of 3, then up in wave 2 of 3 into mid-June, then sharp move down in wave 3 of 3 into Oct-Nov'23 (target is 40% lower from the current level of 87), wave 4 into mid-2024 then another move down to complete wave 5 (target is 45 zone) of circle wave 1 sometime by mid 2025. See similar set up in BAC (will post it separately) though looks like it is leading in this action.
Morgan Stanley descending. MSElliott flat, Gartley 222, Three drives, now past confirmation level. Fairly confident about this one going lower, much lower infact. Apex reaction may indicate end of Wave 5, but there is no way to tell here and now.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Will Morgan Stanley Bank continue in selloff?Morgan Stanley - 30d expiry - We look to Sell a break of 83.18 (stop at 86.32)
Short term bias has turned negative.
There is no indication that the selloff is coming to an end.
This stock fell 6.5 % last week.
A break of the recent low at 83.28 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 75.33 and 73.33
Resistance: 89.18 / 92.00 / 93.50
Support: 87.00 / 83.28 / 81.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
MS - Short PositionOn the chart we can see the raising wedge pattern. It seems that the wedge is in its early stage of development.
We are expecting that the price will be consolidating inside the wedge for a while, before the breakout.
RSI currently is showing oversold conditions, therefore we believe that the price will bounce from the upsloping support.
We would enter the short position when (only if ) the price breaks down of the wedge.
Possible path is shown on the chart.
The target will be determined once the breakout occurs.
Good luck
How to interpret charts from indicators (trading strategy)Hello?
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Please understand that the 'Vol & Trend' and 'Strength' sub-indicators are a synthesis of existing indicators, and cannot be disclosed because they have been judged to be unsuitable for publishing as public scripts.
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It is not easy to see and interpret all the indicators displayed on the chart.
Therefore, it should be viewed and interpreted as the most critical interpretation method.
The first thing to look at is the position of the MS-Signal (M-Signal on the 1D chart), HA-Low, HA-High, M-Signal indicators on the 1W and 1M charts.
The most important of these is the location of the MS-Signal (M-Signal on the 1D chart) indicator and price.
The price is currently located below the MS-Signal indicator, indicating a downtrend.
To add one more thing to this, you can also check the relationship with the M-Signal indicator on the 1W and 1M charts.
Since the price is located below the M-Signal indicator on the 1W chart and 1M chart, it can be interpreted as a downtrend from a mid- to long-term perspective.
Therefore, you can see that the chart as a whole is starting to enter a downtrend.
In order to trade in this situation, you need to check the location of the HA-Low and HA-High indicators.
Currently, the HA-Low indicator is rising and is about to be created.
Therefore, if today's candlestick closes around now, we would expect the HA-Low indicator to form at 21552.44.
Therefore, it becomes important whether it can rise above 21552.44.
Since the M-Signal indicator on the 1W chart is passing around 21552.44, whether it can rise above 21552.44 has become an important question.
If the HA-Low indicator is created at 21552.44 and fails to rise above 21552.44, there is a possibility of renewing the previous low, so you need to think about countermeasures.
If support is received at the 21552.44 point, it is likely to touch the vicinity of the MS-signal (M-Signal on the 1D chart) indicator.
At this time, if you succeed in breaking through the MS-signal (M-Signal on the 1D chart) indicator, the possibility of rising to the vicinity of the HA-High indicator increases.
When the candle is formed today, the body of Heikin Ashi is showing a bullish sign.
Therefore, even if the price fails to rise, if the price remains above the Heikin Ashi body, it can be interpreted that there is a high probability of a rise around 21552.44.
At this time, you need to check whether it is supported or resisted at the point 21552.44.
As such, indicators on price charts represent trends and support and resistance roles, making it the most intuitive way to anticipate future movements.
To support this, 'Vol & Trend' and 'Strength' auxiliary indicators are utilized.
This auxiliary indicator strengthens the interpretation of the price chart indicators by providing additional evidence when the movements of the price chart indicators are judged ambiguous.
The 'Vol & Trend' sub-indicator is an indicator related to trading volume.
Therefore, you can check the buy strength and sell strength according to the movement of trading volume.
You can also check whether the volume is trending up or down.
The 'Strength' sub-indicator consists of the Stoch, StochRSI, RSI and CCI indicators.
The most important of these are the StochRSI indicator and the RSI indicator.
The RSI indicator is an indicator that is related to the HA-Low and HA-High indicators.
Therefore, it is not directly interpretable.
However, it is paired with the Stoch indicator and used as a basis for determining an upward trend or a downward trend.
It is currently looking to switch from a downtrend to an uptrend.
The StochRSI indicator is used to predict periods of volatility.
In addition, it is used as a basis for determining whether the trend will change to an uptrend or a downtrend in the future due to the change in the wave.
The current downtrend has turned to an uptrend, and it appears to be coming out of the oversold zone.
The CCI indicator is used as a basis for judging whether there is an upward trend or a downward trend.
However, it shows a trend that is more than short-term.
All of these indicators are scored as uptrend, stationary, and downtrend to make an overall judgment.
'Vol & Trend' indicator
Stationary : 1
Downtrend: 1
'Strength' indicator
Uptrend: 1
Matching: 2
Downtrend: 1
It is a situation where the basis for judgment of the sub-indicators is not needed, as all indicators that are near the current price chart are located below the price.
If it starts to show stationary or sideways movements near the price chart, then with the help of the indicators, you will be able to use it as a basis for judgment.
Someone said it's a chart with all the indicators, yes, that's right.
However, it is not always possible to see all indicators.
You only need to report it when necessary and use it as a basis for judgment.
We do not think of additional interpretation methods for each indicator other than the interpretation methods described above.
You should pay attention to this.
By combining support and resistance points here, you can create a trading strategy.
No matter how you analyze the chart, analysis ends its role with analysis.
To trade, you need to create a trading strategy based on chart analysis and correlation with support and resistance points so you can start trading.
However, when it comes to most chart analysis, there is a tendency to ignore trading strategies.
If you ignore your trading strategy, you will most likely not be able to find the right way to respond if the movement comes out in the opposite direction you thought.
Therefore, both chart analysis and trading strategy are important, but you need to do chart analysis to create a trading strategy.
If you forget about this and invest all your time and effort into chart analysis, you will end up with a higher chance of failing trades when you run out of time to craft your trading strategy right.
Therefore, chart analysis should be completed in the quickest way to give you plenty of time to create your trading strategy.
To do so, it is urgently necessary to make efforts to predict movements beyond the current one, rather than looking at the charts based on past movements and past patterns.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Why you should only think about charts when looking at chartsHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
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When looking at the investment market, the first thing to do is to analyze the chart, and I wanted to say that the most important thing is how to create a trading strategy that suits your investment style with that chart.
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Most people try to predict the movement of the investment market by looking at the announcement of various economic indicators and the contents of global issues (war, corona, etc.).
A big issue must be something that can cause great volatility in the investment market, but it is also clear that when such an issue accumulates, it can no longer create volatility.
So, you should be careful that trying to predict the movement of the investment market with such issues can make a wrong prediction.
Sudden big issues For example, in the case of a global shock due to an issue such as the 9/11 terrorist attack, it may cause great volatility without time to respond.
Other than these issues, most of the chart's price movement will react first.
In order to see this pre-reflection in advance, you need to look at the chart without reflecting factors that can change your psychological state, such as the announcement of various economic indicators or global issues.
I don't think this kind of work is a big deal, but it is a very important factor that occupies a fairly important part of investing.
We need to think a lot about how to figure out the trend only with the movement of the chart, away from the announcement of various economic indicators and thoughts about global issues.
As it rises above the indicator called Low, which was created on June 19, 2022, we can see that it is splitting the flow of the chart in half.
A change in the -100 indicator has always completed a low.
Although it is currently showing a different look than before, it will form a low as long as the -100 indicator is created.
The +100 indicator is an indicator that starts generating when a high is formed.
Therefore, a rise above the +100 indicator means that the uptrend to break the high is likely.
Therefore, in order to show a full-fledged uptrend from the current price position, it must rise above 38K.
The high point has been holding for a long time now.
However, the low point has not yet formed a clear point due to the change of the -100 indicator.
However, as the -100 point is moved near the current price range, the possibility of forming a low is very high.
This shows that we are facing a new trend.
Keeping the price above 17941.69 is most important from a short-term perspective to create this new trend.
The next most important thing is to keep the price above 20552.75.
Then, it completes the appearance of a trough (a phenomenon in which the price drops more before making a bigger rise) before showing an uptrend.
The StochRSI indicator is showing a fairly rapid decline.
We will verify what we said above by looking at where the Stoch RSI indicator finds support and resistance when it turns upside down.
This change in support and resistance points can tell you which direction the movement of the current chart is about to head.
You may think my explanation is inconclusive, but the conclusion has already been drawn.
We live in a flood of information.
It is quite difficult to infer an objective conclusion by synthesizing such a large amount of information.
Therefore, it is necessary to objectify all information using objectified tools and indicators.
Many celebrities' chart analysis methods and trading methods are introduced on the Internet or in books.
In order to make the contents of these people my own, it can only be acquired through numerous transactions and numerous experiences.
Over time, trends change and all patterns change and evolve.
In order to read the chart in line with these changes, I think it is better to use a simpler and faster way to analyze.
This is because you can keep up with the ever-changing trends.
It is more important to make your own mental state stable due to volatility by investing more time in the trading strategy than the time used for analysis.
What do you guys think?
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Morgan Stanley Loosing. MSEnd of an upgoing impulse confirmed, initiating a new downward ABC pattern.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
More correction in banks..!It seems Banks will correct in the coming days..!
Considering their weight it will affect the S&P 500 and Dow!
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Banks could experience a bullish rally..!it seems Banks stocks have finished their correction and started a new rally!
Keep them in your portfolio during high inflation times!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Integrity is Important!Please review the analysis published on November 4th, 2021:
Title: Negative days ahead for banks!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Negative days ahead for banks!It seems Banks have run out of steam and in the near future, they will make a correction or go sideways!
BAC: Fails to close above 48.50
WFC: Got rejected from resistance level and may retest 46 in the coming days
C: struggling at the support line
MS: pure consolidation between 96-106
JPM: 2-3% correction is expected!
GS: could retest 370 level once again!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
MS - STOCKS - 19. OCT. 2021Welcome to our Weekly V2-Trade Setup ( MS ) !
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4 HOUR
Bullish closure above main sr level.
DAILY
Expecting more bullish pa!
WEEKLY
Overall great market structure.
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STOCK SETUP
BUY MS
ENTRY LEVEL @ 101.51
SL @ 96.62
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
$MS Chart IdeasWe saw MS hit ATH in June 2021, previously breaking the high from September 2000. I think there is a good chance we see a new test soon, maybe not tomorrow as Theory 2 shows, but on one of these legs up in this bull channel. I am bearish because it already rejected TL resistance twice forming the double top. We may or may not see a triple top.
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