Amazon.com may fall to 188.60 - 191.00

Pivot

196.00

Our preference

Short positions below 196.00 with targets at 191.00 & 188.60 in extension.

Alternative scenario

Above 196.00 look for further upside with 198.30 & 200.50 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

200.50

198.30

196.00

193.10 Last

191.00

188.60

185.40

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