Friday, August 1, 2014

Morgan Stanley Will Buy Me A Steak This Weekend

With all of the pressing global issues, along with the Portuguese Banco Espirito Santo collapsing 50%, trading opportunities are all over. Considering the banking sector, lets look at Morgan Stanley (NYSE:MS) and where it can be bought tomorrow for an easy day trade.

Note the chart below, as you can see, Morgan Stanley (NYSE:MS) has 2 big support levels on the intra day chart. The support levels are, gap fill at $32.00 and a double bottom around $31.74 level. Both of these levels will present an opportunity for the quick day trader who is ready to pull the trigger and profit! Great trading levels like these present themselves multiple times/day on many on many stocks; its up to us as traders to find the highest probability trades and enter when the time is right. If you learn how to do that properly as we do, the money you can earn is endless. When the opening bell is rung tomorrow morning, have these levels on your MS chart, keep a close eye on them and watch the magic happen...

Join myself and 3 other Pro Traders as we reveal our detailed trades on the markets like this 10% winner earned in just 3 days, in the Elite Round Table. Now let's make some more money!




Kind regards,
Kristof De Block
Elite Round Table