Amazon.com may rise to 210.20 - 214.70

Our pivot point is at 187.8.

Our preference

As long as 187.8 is support look for 210.2.

Alternative scenario

The downside breakout of 187.8 would call for 180.3 and 175.8.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 192.4455 and 187.4046).

Supports and resistances

219.5 **

214.7 *

210.2 **

205.7

194.49 (USD-last)

190.9

187.8 **

180.3 *

175.8 **

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