Amazon.com may rise to 202.00 - 207.00

Pivot

194.70

Our preference

Long positions above 194.70 with targets at 202.00 & 207.00 in extension.

Alternative scenario

Below 194.70 look for further downside with 192.50 & 190.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

211.00

207.00

202.00

197.28 Last

194.70

192.50

190.00

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