Amazon.com may fall to 159.70 - 163.80

184.1 is our pivot point.

Our preference

The downside prevails as long as 184.1 is resistance.

Alternative scenario

Above 184.1, look for 191 and 195.1.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 184.0145 and 182.2624).

Supports and resistances

195.1 **

191 *

184.1 **

181.4

178.34 (USD-last)

167.8

163.8 **

159.7 *

155.9 **

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