Stocks

Amazon.com may rise to 191.80 - 195.30

2024-10-23

Pivot

187.10

Our preference

Long positions above 187.10 with targets at 191.80 & 195.30 in extension.

Alternative scenario

Below 187.10 look for further downside with 184.60 & 183.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

198.30

195.30

191.80

189.69 Last

187.10

184.60

183.00

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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