The stock is in a daily uptrend and is now near the rising daily 20 MA. If it can go above yesterday's high then it may rise further.
Morgan Stanley's stock has been in an uptrend for some time.
It gap up recently and corrected to the 20 MA. If it can stay above the 53 support area, then it could climb higher.
Looking at the 60 min chart, the stock has broken out of a 60 min downtrend line. If it can go above yesterday's higher then it could continue to climb higher. That is provided it can stay above the support area.
Dec 03, 21 09:52 AM
Here are a list of stocks that have broke out or about to break out. Breakout stocks can often give us a good reward to risk ratio.
Dec 03, 21 07:22 AM
Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off
Dec 03, 21 05:59 AM
How will the US stock market work in December? Will there be a rebound? Will the stock market continue to go higher?
Dec 01, 21 09:24 AM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.
Nov 30, 21 09:11 AM
Are the markets going to continue to move higher? Is it in an uptrend or downtrend and where are the support and resistance?