MS recovery hope is still alive as long it remains above 40.30

MS - Morgan Stanley share prices breached the resistance trendline to the upside highlighted in red three sessions ago, but was pulled back on Tuesday session. The recovery hope is still alive as long as it remains above 40.30 support level. Share prices fell on Tuesday session and almost touch 40.30 support level before heading back up and closing at around its opening price at 40.99. Share prices were down 1.21%.