Amazon.com may fall to 140.00 - 150.00

Pivot

168.00

Our preference

Short positions below 168.00 with targets at 150.00 & 140.00 in extension.

Alternative scenario

Above 168.00 look for further upside with 174.00 & 178.90 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

178.90

174.00

168.00

160.36 Last

150.00

140.00

133.00

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