Amazon.com may fall to 179.50 - 181.20

Pivot

183.80

Our preference

Short positions below 183.80 with targets at 181.20 & 179.50 in extension.

Alternative scenario

Above 183.80 look for further upside with 186.00 & 188.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

188.00

186.00

183.80

182.36 Last

181.20

179.50

177.80

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