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AMZN may be on a start of a new bullish trend after its breakout through this important resistance level

AMZN has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 30 days and suggests a possible target level to be around 230.0340 within the next 2 days.

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FTSE 100 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.

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