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Could Morgan Stanley (MS Stock) reach the 109.70 level?

Today’s instrument is the Morgan Stanley‘s stock traded in NYSE exchange under the ticker MS.

Looking at the MS‘s chart, we can see that it is in an uptrend and that it was last traded at around $91.70.

Tomorrow Morgan Stanley is announcing its quarterly earnings and if the market’s anticipation is positive, then today we should expect the price to rise towards its 52W high which is set at around $109.70. On the other hand, it could drop to meet its support level at around $87.