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Morgan Stanley Struggles To Trade higher

|Includes: Morgan Stanley (MS)

 Morgan Stanley(NYSE:MS) or better know as Goldman Lite is struggling to trade higher today. The stock has a somewhat weak pattern on the daily chart and has been under pressure for the past eight trading session. Short term scalp traders can look for intra-day support on MS around the $$29.18 level. This is a spot where the stock can have a small intra-day bounce.

 

Nicholas Santiago
InTheMoneyStocks.com