Amazon.com may rise to 174.00 - 178.90

Pivot

165.00

Our preference

Long positions above 165.00 with targets at 174.00 & 178.90 in extension.

Alternative scenario

Below 165.00 look for further downside with 161.00 & 157.50 as targets.

Comment

The next resistances are at 174.00 and then at 178.90.

Supports and resistances

185.00

178.90

174.00

170.08 Last

165.00

161.00

157.50

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