How the price action of Morgan Stanley (MS) is used to our Advantage

October 30, 2022, 15:45 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Morgan Stanley (NYSE: MS) data table below can help you with price action, and we have more details too. Trading plans for MS are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for MS

• Buy MS slightly over 79.05 target 87.35 stop loss @ 78.82 Details

The technical summary data tells us to buy MS near 79.05 with an upside target of 87.35. This data also tells us to set a stop loss @ 78.82 to protect against excessive loss in case the stock begins to move against the trade. 79.05 is the first level of support below 82.22 , and by rule, any test of support is a buy signal. In this case, support 79.05 is being tested, a buy signal would exist.

• Short MS slightly under 87.35, target 79.05, stop loss @ 87.6 Details

The technical summary data is suggesting a short of MS as it gets near 87.35 with a downside target of 79.05. We should have a stop loss in place at 87.6though. 87.35 is the first level of resistance above 82.22, and by rule, any test of resistance is a short signal. In this case, if resistance 87.35 is being tested, a short signal would exist.

Swing Trading Plans for MS

• Buy MS slightly over 87.35, target n/a, Stop Loss @ 87.1 Details

If 87.35 begins to break higher, the technical summary data tells us to buy MS just slightly over 87.35, with an upside target of n/a. The data also tells us to set a stop loss @ 87.1 in case the stock turns against the trade. 87.35 is the first level of resistance above 82.22, and by rule, any break above resistance is a buy signal. In this case, 87.35, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MS slightly near 87.35, target 81.80, Stop Loss @ 87.6. Details

The technical summary data is suggesting a short of MS if it tests 87.35 with a downside target of 81.80. We should have a stop loss in place at 87.6 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 87.35, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MS

• Buy MS slightly over 82.70, target 87.35, Stop Loss @ 82.51 Details

If 82.70 begins to break higher, the technical summary data tells us to buy MS just slightly over 82.70, with an upside target of 87.35. The data also tells us to set a stop loss @ 82.51 in case the stock turns against the trade. 82.70 is the first level of resistance above 82.22, and by rule, any break above resistance is a buy signal. In this case, 82.70, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MS slightly near 82.70, target 81.80, Stop Loss @ 82.89. Details

The technical summary data is suggesting a short of MS if it tests 82.70 with a downside target of 81.80. We should have a stop loss in place at 82.89 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 82.70, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

MS Ratings for October 30:

Term →	Near	Mid	Long
Rating	Strong	Weak	Weak
P1	0	0	70.65
P2	81.43	78.94	79.05
P3	82.70	81.80	87.35

Support and Resistance Plot Chart for MS

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