MS Long Trade for week of 7.12MS looking similar to JPM looking for a move higher.
Target points are on the chart.
Stop at: 47.00
Best,
--d0x
DWD trade ideas
BUY for MORGAN STANLEY Hey traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. MORGAN STANLEY is a bullish probability of pull back to start again on its rise.
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MS - Morgan StanleyOne of the stronger stocks in the Financials sector. Breaking above the $41 area on solid volume.
MS - Potential H+S Pattern - XLF looking weakPotential H+S pattern on Morgan Stanley (MS)
May wish to wait for further confirmation of the breakdown before entering, if you choose to enter now, i would use a close above the right shoulder as an initial exit.
P.S. The H+S pattern i noted on JPM also seems to be developing quite nicely, overall the financial sector (XLF) is one to keep an eye on
-TradingEdge
Seasonality Sell for $MS into May ($XLF, $KRE)There is the potential for a nice selloff in MS (and $BAC) after busting a parallel channel. The banks have been hit during virus.
On May 4 we received a rare 2 million single block trade on MS, which we have splashed and are testing now. We are dropping below. This is a very bearish signal for me.
MAY 6 2020, 10:13 AM EDT
VOL (K) | PRICE ($) | 🔼
--------.-----------.----------
📈 $MS
--------.--(MAY04)--.----------
2,000 | 37.62 | 💔 -0.65%
Sell MORGAN STANLEY [NYSE: $MS] | 5.3.2020 | Eric ChoeI'd appreciate a like and comment to encourage engagement across our community.
My name is Eric Choe.
I am a professional trader with over 7 years of equities and cryptocurrency experience.
I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world.
I left my high-paying salary as a management consultant in early 2018 for a career in investing and trading.
I've been a full-time equities trader ever since.
I give detailed analysis on TradingView.
Over the past 7 years, I've dedicated my time and effort to helping others learn about the financial markets.
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice
SHORT Short by put option to weekly level support $16SHORT Short by put option to weekly level support $16
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!
