AMZN Chart

October 10, 2012
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Just a quick chart here on AMZN which was smoked today after it broke below key support at 250.50. Realistically its possible to see AMZN drop down another 6% to 230.25.  There is no support below AMZN till the 235 level but even that is weak.  A strong level for this stock is at 230.25 which was a consolidation area before the run-up.  Definitely don’t want to try to catch this falling knife