AMZN is trading down sharply in after reporting earnings and so far hit a low 204.17 before bouncing to around 218 currently.  i highly favor at LEAST the previously posted T2 on this trade and very well might add additional downside swing targets.  i’ve been meaning to discuss my thoughts on AMZN and some of the headwinds that they face from a fundamental perspective (besides the aforementioned 300 p/e ratio as if that alone isn’t enough).  more on that later but i did want to point out that the stock has so far came within 4% of hitting the second target in the AH session tonight for those who plan to take partial or full profits there, or even at T1 (which prices fell sharply below but have since bounced back to that level).  the previous charts and notes can be referenced by clicking on the blue AMZN ticker symbol at the bottom of this post.