Amazon.com may rise to 202.00 - 204.70

Pivot

198.00

Our preference

Long positions above 198.00 with targets at 202.00 & 204.70 in extension.

Alternative scenario

Below 198.00 look for further downside with 196.00 & 192.50 as targets.

Comment

The next resistances are at 202.00 and then at 204.70.

Supports and resistances

207.00

204.70

202.00

199.57 Last

198.00

196.00

192.50

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