Amazon.com may rise to 189.80 - 191.80

Pivot

185.00

Our preference

Long positions above 185.00 with targets at 189.80 & 191.80 in extension.

Alternative scenario

Below 185.00 look for further downside with 183.00 & 180.30 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

195.30

191.80

189.80

187.89 Last

185.00

183.00

180.30

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