Morgan Stanley (MS) has been struggling since late April/early May but now the charts and indicators are finally suggesting that a move higher is possible. Let's drill down on our favorite charts and see if we can propose a new strategy.
More from Investing
I still do believe that the panic is overblown, but that does not mean that it won't continue.
Inserting some measure of market timing into your asset allocation decisions is essential.
Another look at the market using moving averages.
The prospect of good chart support for the software giant's shares could offer aggressive traders an opportunity to jump into the stock on a decline.