Amazon.com may rise to 189.60 - 193.00

Pivot

182.40

Our preference

Long positions above 182.40 with targets at 189.60 & 193.00 in extension.

Alternative scenario

Below 182.40 look for further downside with 178.90 & 176.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

196.00

193.00

189.60

187.28 Last

182.40

178.90

176.00

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