Amazon.com may rise to 191.80 - 195.30

Pivot

186.00

Our preference

Long positions above 186.00 with targets at 191.80 & 195.30 in extension.

Alternative scenario

Below 186.00 look for further downside with 183.55 & 180.30 as targets.

Comment

The break above 186.00 is a positive signal that has opened a path to 191.80.

Supports and resistances

198.00

195.30

191.80

187.72 Last

186.00

183.55

180.30

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