Amazon.com may fall to 179.50 - 181.40

Pivot

184.50

Our preference

Short positions below 184.50 with targets at 181.40 & 179.50 in extension.

Alternative scenario

Above 184.50 look for further upside with 186.00 & 188.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

188.00

186.00

184.50

183.11 Last

181.40

179.50

177.80

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