Amazon.com may rise to 205.00 - 215.00

Pivot

181.00

Our preference

Long positions above 181.00 with targets at 205.00 & 215.00 in extension.

Alternative scenario

Below 181.00 look for further downside with 175.00 & 166.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

240.00

215.00

205.00

197.20 Last

181.00

175.00

166.00

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