Morgan Stanley (MS) stock held steady on gains in its latest intraday trading, with the main medium-term bullish trend remaining in control, while trading along a minor upward slope line on the short term that supports this path. The stock is also benefiting from dynamic support provided by trading above its previous 50-day SMA, in addition to the emergence of positive signals in the Stochastic indicators after reaching excessively oversold levels relative to the price movement.
Therefore, we expect the stock to rise in its upcoming trading, as long as it remains stable above 141.00, to then target the resistance level of 155.00.
Todays price forecast: Bullish.