Amazon stock forms an alarming pattern: is a crash coming?

Core Viewpoint - Amazon's stock price has experienced a decline from a peak of $258 in November to the current price of $230, indicating potential further downside risk ahead [1] Price Movement - The stock price has decreased by approximately 10.86% from its November high of $258 to the current $230 [1] Chart Pattern - A risky chart pattern has formed, suggesting that there may be more downside potential for Amazon's stock in the near future [1]