Morgan StanleyShort
MS Short swing trade idea
7/2 MS Short swing trade set up. Closed below 50 SMA today. Short at the break of support in the 23.91-24.00 area, using the descending trendline to set a stop.
Could also short within the area of the trend lines with the same stop. That may be a little tricky since the 50 SMA could act as support if reclaimed.
1st target is top of the gap at 22.67. Next target is 20.77-20.95 zone. Full measured move target is 22.65, which is close to this support zone.
Could also short within the area of the trend lines with the same stop. That may be a little tricky since the 50 SMA could act as support if reclaimed.
1st target is top of the gap at 22.67. Next target is 20.77-20.95 zone. Full measured move target is 22.65, which is close to this support zone.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.