MS, Morgan Stanley update

ms jan 2012

This three month old story keeps on tracking. Today we are dead smack on the trend-line of the triangle, perhaps completing wave e. e can continue to about $17.30 before the structure is negated. Soon we should know if this is a triangle, if it is a 4th wave or a B and where to buy. Interestingly GS has the very same pattern except that the lower trend-line is pretty well horizontal. See previous blogs.