Amazon.com may fall to 179.50 - 181.40

Pivot

186.00

Our preference

Short positions below 186.00 with targets at 181.40 & 179.50 in extension.

Alternative scenario

Above 186.00 look for further upside with 188.30 & 191.60 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

191.60

188.30

186.00

184.15 Last

181.40

179.50

177.80

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