Amazon.com may fall to 172.00 - 174.00

Pivot

179.00

Our preference

Short positions below 179.00 with targets at 174.00 & 172.00 in extension.

Alternative scenario

Above 179.00 look for further upside with 182.00 & 186.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

186.00

182.00

179.00

176.17 Last

174.00

172.00

169.00

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