AMZN 533.69 bullish – Consolidates under record high

AMZN rallied to a new record high at 580.57 (July, 2015) before consolidating. The near-term supports are 502.57 (50% retracement of the 425.57/580.57 rally in July) and 484.54 (61.8% retracement) (as shown on the monthly chart).
Outlook:
Short term: bullish
Long term: bullish