Amazon (AMZN) has had a strong run in 2017, but since cracking 1080 at the end of July, price has been in correction mode. Amazon (AMZN) Daily Chart(click to enlarge)H&S and Downside:- The daily chart shows that AMZN already broken below a rising trendline. - There is also a head and shoulders pattern. It looks like price is right around the neckline where we can expect some short-term bounce. But if price breaks below 927, AMZN would open up a support pivot at 885, and then around 845. Anticipating Support:- Amazon is one of those giants I think will continue to grow, so buy-on-a-dip seems to be the right strategy here.- I think the 850 area is golden especially if there is an RSI vs Price bullish divergence. - I think we should first anticipate a sideways correction with 1000 as the resistance and 850 as the support.