Maintain Hold on MS as risk/reward remains symmetric at ~7%/16% upside versus ~6%/15% downside. Execute a tactical 10-15% trim on any retest of the $220-$222 zone to reduce AI capex concentration while preserving upside participation. Await confirmed breakout (daily close >$221.95 on volume >8M with RSI >60) before upgrading to Buy, with targets at $232 and $250.