Weekend Addition: Morgan Stanley (MS) Gives One Signal But With Earnings Looming, Risk Is High

July 11, 2009 by inthemoneystocks   comments (0)

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Morgan Stanley has a possible Head and Shoulders pattern break down occuring.  This pattern is a bearish pattern and usually results in a big drop.  Learn pattern, price and time values. While this pattern could show a fall all the way down to the 200ma, Goldman Sachs has earnings Tuesday morning.  This throws a risk at the completion of the pattern due to the "king" and their earnings.  Next week promises to be wild with tech companies like Intel and Google reporting as well along with other financial firms.  Stay tuned to the premium Research Center to get all the Hot Charts and Alerts, Daily Technical Videos of 30-40 minutes in length, Daily Market Reports, Technical Tactics, Hidden Gems and of course the red hot Pro Trader Watch List.  All are included. Join now!