AYX at long term support: Reversal in playMajor support at the 115 level + a 3 year trendline on the weekly
Here's my last analysis on AYX:
MS
Morgan Stanley path and direction Hello everyone
Morgan Stanley has broken two uptrend trend line
It is not safe to go long however there is a gap up to be filled as show in the chart
the best place to go long in my opinion is the two gaps below that need to be filled
any question feel free to ask :)
Morgan Stanley (MS) Earnings Estimates Q2 2020Morgan Stanley ($MS) will report earnings 07/16/2020.
The chart above includes the Q2 Earnings Estimates and a Technical Analysis.
BanksLike the airline stocks, big banks have all formed similar patterns leading into Monday. Funding seems to have shifted to the banks and airlines. Many banks will be reporting earnings this coming week, including JPM, WFC, Citi (not shown) on Tues. 7/14, USB and GS Wed. 7/15, and BAC, MS, and First National Bank (not shown) Thurs. 7/16.
Dare Catch A Knife? Wells Fargo.Wells is now off more than 50% since the start of the Coronavirus pandemic. However, Wells suffers from much more than a pandemic:
Over the last two years, scandals around nefarious sales practices, some unfortunate executive departures, and an inability to grow top line has hit them hard, and the crisis has hit them especially hard in revenue terms.
We're now looking at 2012 levels, not too far from where we were during the financial crisis.
Peak to trough in 2009 we saw a 69% decline in $ NYSE:WFC ... more to go here?
Marks and SpencerBased on my previous Idea, to close the gap with Tesco and Morrisons, M&S should go upward.
Target Price 105.00
Morgan Stanley double topPrice finishing the 5th wave within bigger wave 3 at level $50 and forming a double top with RSI divergence.
Selling to level 47 before the next spike to the upside. Break of the neckline for confirmation.
Good Luck!
MS bullish gartley and 2618 combination long!Morgan Stanley had a nice bounce off the gartley pattern, as what we mentioned in the earning preview.
Here we got this double bottom, which can be treated as a confirmation entry of the pattern!
What's more, it's pretty much at the 40.00 fig!
Accordingly, I'm willing to take this long and put my out below 38.5!
Let's see how it goes yo!
Morgan Stanley updateAfter positive earnings this quarter, seeing the end of wave IV. After the break of the current resistance zone, starting the move up in wave V. A very good opportunity to buy.
Potentially can bounce low first, which would give us a better risk-reward.
Most banks and investment funds target the price for this stock above $50.
Good Luck!
JP Morgan hits record $29.9 billion revenueFor those of you looking for "The Alchemy of Finance - George Soros" you can find it here: epdf.tips
Goldman Sachs in PlayLooks like it may be an exciting Monday just like Friday. Goldman and Morgan Stanley are in play this week. GS MS GS
Morgan Stanley Establishes New Uptrend - Bullish Hi All,
MS should easily beat earnings since it's a busy IPO season and they are one of the major banks to underwrite the coming public offerings. I know that they are underwriting Uber's coming IPO.
Feel free to provide constructive critique. I have loaded up on May $45-$46 call options. I am also holding GS call options.
JP Morgan: Uber IPO set for Thursday? Will JPM rob the bank? LYFT threaten to sue JPM over short-selling, yes, a company that loses money and sold for $25bn!
JAN 19-30C'sanother option position on lower low playing the trend. always nice to buy on a green day for slight discount $XSD $SMH $QQQ AH helped
MS - MORGAN STANLEY REACHING THE DAILY 50% RETRACEMENTMORGAN STANLEY is reaching the daily 50% retracement on this long term descending channel. Look to the price action on the lower channel for a potential breakout to the upside.
MS may go up to $50 or more MS is currently at around support area and has bouncing of a couple of times. Hopefully this time will bounce to $50 or more.
MSThere are two bullish scenarios and another bearish but I will not consider it until the bottom is broke.
Morgan Stanley(MS) bullish bat pattern long opportunityMS has dropped about 25% from its peak.
Now there is a bullish bat pattern with extremely small stop loss.
That would be a worth noticing trading/investing opportunity
Of course there's no need to buy MS with such small stop loss so I'll prefer to put the out at least below 45.00 ;
Also, some intraday reversal sign to get quick 1st kick is also a good idea!
Let's see how it goes!
Bearish SignalsFirst off, I'm not the best @ TA, so I would appreciate it if a mistake is seen - please tell.
Multiple bearish signals on Ichimoku cloud, RSI, MACD. Very similar pattern is evident on GS & MS.
Default rates on student loans, retail, & personal are climbing. Combined with a mediocre jobs report, this spells out trouble for banks. However, to me, the most important thing is that big banks have continued to do sub-prime loans. They are the loaners of the loaners of the loaners. Many 2nd & 3rd tier subprime loaners have defaulted and declared bankruptcy. This is not good news for big banks, who, in my opinion, have got greedy, again. On top of this, banks did not do exceptionally well in earnings considering the tax cuts of President Trump.
Nearly $200B in likely exposure, at minimum, for the top 6 big banks alone.
wolfstreet.com
wolfstreet.com (I quite like wolfstreet, very well researched analysis, reasonable article, in my opinion)
www.forbes.com
