Amazon.com may fall to 176.00 - 178.90

Pivot

186.10

Our preference

Short positions below 186.10 with targets at 178.90 & 176.00 in extension.

Alternative scenario

Above 186.10 look for further upside with 188.80 & 190.50 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

190.50

188.80

186.10

183.99 Last

178.90

176.00

173.80

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