Amazon.com may rise to 211.80 - 216.00

Our pivot point is at 187.1.

Our preference

The upside prevails as long as 187.1 is support.

Alternative scenario

Below 187.1, expect 180 and 175.9.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 185.602 and 183.6788).

Supports and resistances

220.3 **

216 *

211.8 **

207.4

193.25 (USD-last)

189.8

187.1 **

180 *

175.9 **

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