Stocks

Amazon.com may rise to 183.50 - 184.70

2024-05-25

Pivot

180.20

Our preference

Long positions above 180.20 with targets at 183.50 & 184.70 in extension.

Alternative scenario

Below 180.20 look for further downside with 178.70 & 176.60 as targets.

Comment

The next resistances are at 183.50 and then at 184.70.

Supports and resistances

185.80

184.70

183.50

181.67 Last

180.20

178.70

176.60

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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