Amazon.com may rise to 200.00 - 202.00

Pivot

195.00

Our preference

Long positions above 195.00 with targets at 200.00 & 202.00 in extension.

Alternative scenario

Below 195.00 look for further downside with 191.00 & 188.50 as targets.

Comment

The break above 195.00 is a positive signal that has opened a path to 200.00.

Supports and resistances

205.00

202.00

200.00

198.29 Last

195.00

191.00

188.50

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