Amazon.com may rise to 182.00 - 186.00

Pivot

176.40

Our preference

Long positions above 176.40 with targets at 182.00 & 186.00 in extension.

Alternative scenario

Below 176.40 look for further downside with 174.00 & 172.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

191.00

186.00

182.00

180.07 Last

176.40

174.00

172.00

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