The positives of the broker-dealer swamp any negatives for those willing to wait out the coronavirus-related volatility that has slammed its shares.
The decline in WFC started early and that should tell us something.
Try to take advantage of all the trading that's going on.
What I suspect is that the stock price of MS will likely trade in a relatively tight range.
Buyers of the exchange operator's shares have been aggressive over the last few months.
The brokerage already may have seen its shares discount the recent news about zero-commission trading.
The charts and indicators are finally suggesting that a move higher is possible.
These guys are going to make a lot of money by moving to this route.
As losses build it pressures people to sell.
Let's check out the charts and indicators.