Amazon.com may rise to 195.40 - 200.00

Pivot

190.00

Our preference

Long positions above 190.00 with targets at 195.40 & 200.00 in extension.

Alternative scenario

Below 190.00 look for further downside with 187.50 & 185.50 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

207.00

200.00

195.40

192.91 Last

190.00

187.50

185.50

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