Amazon.com may rise to 214.00 - 218.40

Our pivot point stands at 192.2.

Our preference

The upside prevails as long as 192.2 is support.

Alternative scenario

Below 192.2, expect 184.9 and 180.5.

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 trading above both its 20 and 50 day moving average (respectively at 189.5715 and 185.3622).

Supports and resistances

223 **

218.4 *

214 **

209.6

200 (USD-last)

195.2

192.2 **

184.9 *

180.5 **

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