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.
May 05, 22 10:24 AM
What is the market doing and what is it likely to do?
Apr 27, 22 09:01 AM
As we enter April, will we continue to move higher or will there be a correction coming?
Apr 13, 22 11:46 PM
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.
Apr 12, 22 09:38 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
Apr 12, 22 09:34 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.