Love what i'm seeing here on Morgan Stanley pre=earnings next Tuesday. I want to see us continue to build liquidity in this very controlled orange selling channel where we can then find yellow to activate and bring us further up for a breakout of orange and beyond. My price target for the next few weeks is in the $99-104 range, earnings dependent.
Obviously, as...
I caught the breakout of this HTF selling channel and sold at the top. We are now retesting the orange selling channel with support from our strong buying teal channel and below it, yellow.
With banks announcing earnings in a little over a week, this could see us at $100 really quickly
Happy Trading :)
- TraderDaddyOG
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I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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