AMZN is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of AMZN could test 231.3771 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.
A Rising Wedge has formed, AMZN is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
