Amazon.com may fall to 188.50 - 191.00

Pivot

199.00

Our preference

Short positions below 199.00 with targets at 191.00 & 188.50 in extension.

Alternative scenario

Above 199.00 look for further upside with 202.00 & 205.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

205.00

202.00

199.00

194.89 Last

191.00

188.50

185.60

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