Amazon.com may rise to 186.00 - 189.60

Pivot

179.00

Our preference

Long positions above 179.00 with targets at 186.00 & 189.60 in extension.

Alternative scenario

Below 179.00 look for further downside with 174.00 & 170.00 as targets.

Comment

The RSI is below its neutrality area at 50% but reversing up.

Supports and resistances

193.00

189.60

186.00

181.32 Last

179.00

174.00

170.00

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