MS stock price at a place that could result in a hard bounce
The banks have not been a fan of traders for the past couple of weeks. Take the MS stock price – the action in this stock, of late, has resulted in a near 10% correction. But now it could be ready to bounce as it is sitting on a key price support level. If that $44 area holds there should be $3-4 of upside.
So take a look at it and the other two trade setups I’ve put together for you.
Long Morgan Stanley (MS)
Long MercadoLibre (MELI)
Short Yandex (YNDX)
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