The tweet was deleted by the author.
But we saved everything 🙂.
Morgan Stanley said that rising AI demand is driving a new multi-trillion-dollar investment cycle for the power sector in Asia.
Asia Energy Analyst Mayank Maheshwari outlined the need to secure power, fuels, grids and storage to support modern life. He appeared on the latest episode of Thoughts on the Market.
Morgan Stanley ($210.25) trades firmly above key levels, with the price well above its SMA-20 ($202.92), SMA-50 ($191.07), and SMA-200 ($173.16), indicating intact bullish momentum across short, medium, and long-term trends. The Ichimoku Kijun on D1 sits at $202.81, which acts as immediate support, while near-term support lies at $202.92 (SMA-20) and key support at $191.07 (SMA-50); conversely, immediate resistance is at $214.42 (today’s open) and the prior weekly high of $219.16.
Momentum indicators on D1 remain positive, with MACD and ADX signaling sustained buying strength, while RSI (61.56) and CCI (70.44) remain above neutral but off overbought zones. The Stoch RSI shows an oversold reading, suggesting some caution, yet BBP indicates buyers still have the upper hand intraday. Awesome Oscillator is neutral and does not confirm the dominant trend. Over the past week, Morgan Stanley has slipped $1.68 (0.79%), closing at $211.93 last week. The price currently sits in the lower part of the weekly range, while weekly volatility stands at 6.3%. This points to a steady decline from the recent high, with today’s moderate pullback aligning with mixed short-term oscillator signals.
For the coming week, the expected trading range is $209.60 to $212.90, which aligns with recent volatility and keeps price action near the upper end of its 52-week range ($128.81–$219.16). Based on W1 RSI, ADX, MACD, and MA-50, there is a very high probability (more than 80%) of price stabilization or a slight increase, while the probability of a significant decline is very low. The baseline scenario foresees consolidation between near-term support ($202.92) and resistance ($214.42). A bullish breakout above $214.42 could target $219.16, while a bearish breakdown below $202.92 might open the way to $191.07. Overall, the year-long uptrend keeps the bias positive, but short-term fluctuations around support and resistance are likely this week.
Earlier, analysts noted that Morgan Stanley exhibited strong bullish momentum while cautioning about a possible pause due to near-term volatility. The current analysis adds a new dimension, highlighting the need for investors to monitor shifts in momentum as evolving catalysts could alter the prevailing scenario.