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!)
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Have a great week everyone!
ALAN
MS
$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.
The a2 Milk Co Ltd 🧙The a2 Milk Company is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Patterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.
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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:
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 :)
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?
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!