Amazon.com may fall to 174.00 - 178.00

Pivot

186.00

Our preference

Short positions below 186.00 with targets at 178.00 & 174.00 in extension.

Alternative scenario

Above 186.00 look for further upside with 189.60 & 193.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

193.00

189.60

186.00

182.55 Last

178.00

174.00

170.00

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