Amazon.com may fall to 176.00 - 179.60

Pivot

186.10

Our preference

Short positions below 186.10 with targets at 179.60 & 176.00 in extension.

Alternative scenario

Above 186.10 look for further upside with 189.60 & 193.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

193.00

189.60

186.10

184.30 Last

179.60

176.00

171.90

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