The downgrade last week saw lots of folks exiting the long trade on AMZN. Stock fell $12/share last week. Will the selloff continue? Some folks think that the fair value for AMZN is between $100 - $140 per share. The next few weeks will be crucial.
Nearterm, retest of $205 area possible. but this is a "pet" stock, carefully managed. Unless there is a big market selloff or crash, don't breaks $200 anytime soon unless "earnings" really come in short. Maybe later in year.