Stocks

Amazon.com may fall to 180.30 - 183.00

2024-10-24

Pivot

187.10

Our preference

Short positions below 187.10 with targets at 183.00 & 180.30 in extension.

Alternative scenario

Above 187.10 look for further upside with 189.30 & 191.50 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

191.50

189.30

187.10

184.86 Last

183.00

180.30

176.30

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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