Morgan Stanley stock hits critical resistance level, warns analyst

On April 23, 2025, Morgan Stanley stock experienced a notable rally, increasing by 23% over the past three weeks. This upward movement brought the stock to a significant juncture, specifically the underside of its well-defined, 18-month uptrend line. The key moment of this analysis was marked by the breach of this trendline in early April. Carter Worth, a prominent chart analyst, indicated that the stock may face resistance at this level. He expressed a presumption that Morgan Stanley's stock could 'hit its head' on this resistance and subsequently turn lower, suggesting a selling position for investors. The analysis reflects the uncertainties in the current financial markets, where expert insights are increasingly valued. Worth’s warning comes amid dynamic changes in market sentiment, reinforcing the idea that investors should remain vigilant. CNBC Pro subscribers are encouraged to seek further insights at their upcoming live event at the NYSE, which promises networking opportunities and in-depth discussions on market trends.