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$MS – Morgan Stanley Looking Weak
Friday, November 9, 2012 7:13
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MS is looking weak here and appears it could be on its way to dropping another 9%. MS broke below support yesterday at 16.57 and below its 70 day ema. MS has one more possible weak support level at the swing low from October at 16.28. This is the line in the sand for this stock. There is no other true support below 16.28, till it about 15.00 which is the consolidation support which formed over the summer. This area is about 9% lower from its current level.
2012-11-09 06:06:35
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