Dark Cloud Cover Visible on Weekly in Morgan Stanley

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Morgan Stanley (NYSE:MS)

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NYSE:MS Morgan Stanley

indicator trendanalysis chartpattern darkcloudcover bearishdivergence weeklymarketsanalysis trednline

We have a confirmed Weekly Dark Cloud Cover with 4 instances of Weekly Bearish Divergence and we are breaking down an up trending line I think it wouldn't be so crazy to bearishly target a 50-61.8% retracement from here.

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