AMZN Gap Fill

 Although money can certainly be made on the short term trades in AMZN as seen yesterday on a 1 day move, the real idea of the trade is shorting a break below the support trendline, which AMZN bounced off on the open to fill yesterday's gap.

 Here the gap is pretty much filled, typically these gap fills are a bit more volatile so AMZN may not be done with the gap move.

 Short term 1 min it turned negative right in the gap fill area, but not a huge leading divergence, a relative one.

The 2 min chart shows the positive divergence at yesterday's close/today's open and it looks a little worse.

Still for those looking for the bigger move, it's a failure of $196.50.

I'll keep an eye on AMZN for any developments.