$AMZN has made 3 waves since the top of our Subwave 1 and has since bounced on the 0.618b Fib at $128.
This is a good sign.
The price is back up to the 200 Day MA on the 1hr chart which has been a resistance line since Subwave 1 came in.
Getting above this level next at $132 will be a big statement that Subwave 2 is now complete.