Home Sectors Financial Check Out This Key Level Morgan Stanley Is Holding: Technical Analysis

Check Out This Key Level Morgan Stanley Is Holding: Technical Analysis

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April 5, 2021

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Financials are the second-best performing sector in 2021. Now one of the biggest names has pulled back to hold some key levels: Morgan Stanley (MS).

MS dipped on the Archegos implosion last week, but reportedly faces no significant losses.

That brought MS down to its 50-day simple moving. It tested below that line on March 29 but has managed to close above it each day.

For more, please click here to view the related idea and chart analysis on TradingView.

Morgan Stanley (MS), daily chart, with key patterns, *courtesy of TradingView*.

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