Stocks

Amazon.com may fall to 172.00 - 174.00

2024-06-04

Pivot

178.30

Our preference

Short positions below 178.30 with targets at 174.00 & 172.00 in extension.

Alternative scenario

Above 178.30 look for further upside with 181.30 & 184.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

184.00

181.30

178.30

177.31 Last

174.00

172.00

170.00

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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