$AMZN is the only mega cap stock that has broken out of it's red downward trend, likely to retest it shortly and earnings are due on Thursday, so very big week here. Good earnings and it can stay above the channel, then you would need to favour the bull case getting confirmed.
Back into the channel and that would be a big rejection for $AMZN and I would expect new lows then.
Either way, a retest can continue down to $85 - $90, if it holds here, this is a good buy zone.