AMZN has broken through the resistance line of a Ascending Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 32 days and suggests a possible target level to be around 199.3513 within the next 21 hours.
Bulls aim for 199.3513 after the AMZN triggered a bullish formation on the 4 hour chart
