Amazon.com may fall to 183.75 - 184.80

Pivot

188.50

Our preference

Short positions below 188.50 with targets at 184.80 & 183.75 in extension.

Alternative scenario

Above 188.50 look for further upside with 189.80 & 191.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

191.00

189.80

188.50

186.43 Last

184.80

183.75

182.70

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