Amazon.com may fall to 141.80 - 147.80

Our pivot point stands at 176.6.

Our preference

The downside prevails as long as 176.6 is resistance.

Alternative scenario

Above 176.6, look for 186.9 and 193.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 178.7505 and 184.9824).

Supports and resistances

193 **

186.9 *

176.6 **

172.6

166.94 (USD-last)

153.7

147.8 **

141.8 *

135.7 **

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