Bank shares have been falling across the board in March. Morgan Stanley (MS) stocks came up to 47.00 in March before sliding back to about 41.70, which was a common support and the low in 2017. Morgan Stanley (MS) Daily Chart(click to enlarge)Support Factors:- Other than a previous common support, price met a rising trendline and the 100-day simple moving average (SMA).- Meanwhile, the RSI has tagged 30, suggest the market might be oversold, IF the overall bullish mode is still intact.- However, the fact that the RSI has tagged 30, also suggests a flattening of momentum.- This means even though we should anticipate support here around 42.00, we should limit the bullish outlook this time.Consolidation Scenario:- In the consolidation scenario, we should limit the bullish outlook to 47.00.- We should also anticipate resistance around 44, a previously common resistance.- The dip was very sharp, so even though there was a prevailing uptrend, I would not want to "catch a falling knife".Considering the Reward to Risk of Buying:- Now, if price and the RSI shows bullish divergence, then I would consider buying with a minimal target of 44 and more aggressive target of 46. - I would rather price break the support levels around 41.60-70 to clear out some stops. - I would also rather put a stop under 40.00, a psychological level that might also provide support.- With an average target of 45 and a stop let's say at 39, an entry at 41 will be needed for 2:1 reward to risk.