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AMZN is quickly approaching the resistance line of a Flag. We expect either a breakout through this line or a rebound.

AMZN is heading towards the resistance line of a Flag. If this movement continues, the price of AMZN could test 233.1717 within the next 6 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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