$AMZN is testing its 200 MA on the 1hr chart and its trend support line, holding support so far but losing this level and we will certainly have a trend change here.
This is the 1hr chart above but on the daily chart, the 50 Day MA is at $177, this is the important level, losing this and this could accelerate to the downside.
Amazing to believe that a company doing everything right is possibly on the cusp of moving down in this manner, which is why it makes it such a good opportunity for us to take advantage of short term irrational market behaviour.