Bank shares have been seeing topping recently. Morgan Stanley $MS for example could be forming a top and could be heading into a longer period of correction.MS Daily Chart(click to enlarge)Top?- The daily chart shows that the bullish price action since 2016 has stalled in 2018. - It looks like price could be forming a top OR it could simply be a period of consolidation like in early 2017. - I think the $50-$52 price range is a key support area. - This area includes the neckline, as well as the 200-day simple moving average (SMA).- But I think price action showed crack in the bullish momentum when the RSI fell below 40. I think a dip to $47-$48 is in the works.- In this scenario, the overall trend would still be bullish, but GS would be in a period of consolidation/correction. We first project the $47-$48 area as a bearish target, but if price starts finding resistance at the $50-$52 area, which is support now, then, we might want to expect further bearish correction. But for now, I would limit the bearish outlook to $47-$48. - A break above $55 could invalidate the bearish correction scenario, and put pressure back to the upside with $60 in sight.