Amazon.com may fall to 176.90 - 178.70

Pivot

181.30

Our preference

Short positions below 181.30 with targets at 178.70 & 176.90 in extension.

Alternative scenario

Above 181.30 look for further upside with 182.40 & 184.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

184.00

182.40

181.30

179.37 Last

178.70

176.90

175.00

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