Amazon.com may rise to 179.40 - 185.00

Pivot

172.00

Our preference

Long positions above 172.00 with targets at 179.40 & 185.00 in extension.

Alternative scenario

Below 172.00 look for further downside with 165.00 & 161.00 as targets.

Comment

The next resistances are at 179.40 and then at 185.00.

Supports and resistances

190.00

185.00

179.40

176.89 Last

172.00

165.00

161.00

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