Stocks

Amazon.com may fall to 172.00 - 174.00

2024-08-24

Pivot

179.00

Our preference

Short positions below 179.00 with targets at 174.00 & 172.00 in extension.

Alternative scenario

Above 179.00 look for further upside with 182.00 & 186.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

186.00

182.00

179.00

177.29 Last

174.00

172.00

169.00

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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