Morgan Stanley Wave Analysis – 2 October 2026

Morgan Stanley: ⬆️ Buy

– Morgan Stanley reversed from key support level 186.10

– Likely to rise to resistance level 197.00

Morgan Stanley recently reversed up from the support zone between the key support level 186.10 (which stopped wave 4 at the end of April and wave (ii) in the middle of May) and the lower daily Bollinger Band.

The upward reversal from this support zone completed the impulse wave (C) of the intermediate ABC correction from the middle of July.

Given the strength of the support level 186.20 and clear daily uptrend, Morgan Stanley can be expected to rise further toward the next resistance level 197.00 – former resistance from May.