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Amazon Could Get Wham-Azoned

|Includes:, Inc. (AMZN)

Amazon continued to be pushed lower by the 20 day moving average. The current triangle pattern is ambiguous but it is currently in favor of the bears to breakout lower. The 494 support from the gap is the first defense but it could move to 484 quickly. The down trend is still very strong. - 1 year chart of Amazon AMZN