We are long MS from $16.97. stop at $15.90 and first target near $19 to $19.50.
Reason:
Strong intraday recovery, strong daily candle, support at 50 sma and 50% fibonacci retracement…financials lagged all day but suddenly picked up slack. Back drop from g20 improved…that can flip on a whim…all depends on what side of the bed papa-g gets out of bed tomorrow.
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