Amazon.com may rise to 191.80 - 195.30

Pivot

187.10

Our preference

Long positions above 187.10 with targets at 191.80 & 195.30 in extension.

Alternative scenario

Below 187.10 look for further downside with 184.60 & 183.00 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

198.30

195.30

191.80

189.12 Last

187.10

184.60

183.00

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