Morgan Stanley readies to tackle current resistance - Analysis - 26-10-2020

Morgan Stanley's stock (MS) rose 0.19% in the last session while readying to tackle the resistance of 53.47, while trading alongside the upward medium-term trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

Therefore we expect more gains for the stock, targeting the record resistance of 57.56. 

Expected trend for today: Bullish