Morgan Stanley may rise to 112.10 - 115.10

Our pivot point stands at 98.

Our preference

The upside prevails as long as 98 is support.

Alternative scenario

Below 98, expect 93 and 90.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 98.6075 and 99.9616).

Supports and resistances

118.1 **

115.1 *

112.1 **

109.1

102.33 (USD-last)

100

98 **

93 *

90 **

Number of asterisks represents the strength of support and resistance levels.