Amazon.com may fall to 169.00 - 173.00

Pivot

179.00

Our preference

Short positions below 179.00 with targets at 173.00 & 169.00 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

175.50 Last

173.00

169.00

165.00

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