Morgan Stanley's most recent trend suggests a bearish bias. One trading opportunity on Morgan Stanley is a Bear Call Spread using a strike $89.00 short call and a strike $94.00 long call offers a potential 19.9% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $89.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $4.17 would be incurred if the stock rose above the $94.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Morgan Stanley is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Morgan Stanley is bearish.
The RSI indicator is at 26.88 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Morgan Stanley
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Fri, 25 Jun 2021 01:05:24 +0000
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Thu, 24 Jun 2021 20:29:25 +0000
The Federal Reserve on Thursday said it will lift COVID-era dividend and share buyback restrictions on the largest banks, potentially setting up big bank shareholders for a windfall of capital distributions.
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Dealmaker Exodus in Calgary Shows Banks’ Shifting Energy Goals
Thu, 24 Jun 2021 12:00:00 +0000
(Bloomberg) — Calgary, the center of Canada’s oil and gas industry, has lost senior investment bankers from Morgan Stanley, Barclays Plc and Citigroup Inc., a signal of banks’ new approach to the energy sector and declining deal flow.The departures reflect a variety of forces, including a shrinking pool of major oil producers in the city and global banks’ heightened focus on renewable energy, as well as their own environmental metrics. Canadian banks have been more willing to provide credit to
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