$AMZN has tested its 0.618 Fib after losing its 50 Day MA and has so far held on this support level.
I am undecided as to which direction it will go next, if the price can hold the 0.618 Fib and move up to the 50 Day MA and flip this level to support, we could be looking at a strong run next to complete Wave 5.
However, if there is a rejection at the 50 Day MA, we need to be open to Wave A starting down.
I would prefer to see $AMZN start its correction now