Amazon.com may fall to 161.00 - 165.00

Pivot

174.00

Our preference

Short positions below 174.00 with targets at 165.00 & 161.00 in extension.

Alternative scenario

Above 174.00 look for further upside with 179.00 & 182.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

182.00

179.00

174.00

170.63 Last

165.00

161.00

158.00

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