Amazon.com may fall to 180.30 - 183.00

Pivot

187.10

Our preference

Short positions below 187.10 with targets at 183.00 & 180.30 in extension.

Alternative scenario

Above 187.10 look for further upside with 189.30 & 191.50 as targets.

Comment

The upward potential is likely to be limited by the resistance at 187.10.

Supports and resistances

191.50

189.30

187.10

186.00 Last

183.00

180.30

176.30

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