Trade Ideas for Tomorrow: AIG, BANR, MS, RMBS

Morgan Stanley (NYSE:MS) has formed a bullish engulfing pattern on the daily chart. RSI confirms the uptrend and the stock trades comfortably above the 20 and 50 DMA. I expect the stock’s near-term up trend to continue. Next resistance is located at $30.37, while immediate support has moved up to $28.58. (click to enlarge) Banner [...]