trading MS for years, looking at prices levels and support levels, MS is not following traditional trading patterns and NOT following peers, WE ARE DUE FOR A CORRECTION, my adivise be carefull, and if you are wise, buy it back at much lower levels in the low TEENS, there are many unusual cyclical trading patterns I haven't seen before, CAUTION IS THE WORD. fUNDAMENTAL trading practices are much different now. MY guess is that we will fall through and below price levels around 22 and have little support. We will have much more support at double bottom. CAUTION IS THE WORD HERE.
Its been hammering and hammering this 21.80/22ish level for a week now. This wants to fall. I've been loading up on $21 April puts. Most big financials look awful: JPM GS MS. Like you said, we will see support... I'd say support around $20.