Coronavirus-related fear has impacted stock markets across the globe but a few of the US majors have held up rather well for the time being. In this post I consider support levels in a worst-case type of scenario for a number of high profile US stocks in case this sell off continues.

Most of the stocks below have enjoyed considerable gains since the end of the Global Financial Crisis, circa 2009. As such, these swing Highs moves have been mapped and S/R zones near the 61.8% Fibonacci level have been identified as potential targets for any continued sell off in a worst-case scenario.

FB weekly: the 61.8% Fibonacci level of, in this case, the 2013-2020 swing High is down near $100:

AAPL weekly: the 61.8% Fibonacci level of the 2009-2020 swing High is down near $160:

AMZN weekly: the 61.8% Fibonacci level of the 2009-2020 swing High is down near $1000:

NFLX weekly: the 61.8% Fibonacci level of, in this case, the 2013-2020 swing High is down near $180:

GOOG weekly: the 61.8% Fibonacci level of the 2009-2020 swing High is down near $700:

KMB weekly: the 50 % Fibonacci level of the 2009-2020 swing High is down near $100 and the 61.8% level is near $80:

JPM weekly: the 61.8% Fibonacci level of the 2009-2020 swing High is down near $70:

HD weekly: the 61.8% Fibonacci level of the 2009-2020 swing High is down near $120:

COST weekly: the 61.8% Fibonacci level of the 2009-2020 swing High is down near $150: