$AMZN has made a higher high today and this is no surprise since the price retested the 50 Day MA 5 times and each time it held comfortably, meaning every dip was bought up and when this happens, the only place to go is higher.
The overall projection for Wave 5 is the most important factor here and $172 is my target for both scenarios.
The next test for $AMZN should be at the 2 Fib at $152.