- Price moving in a narrow range as shown in 30 Minutes time frame.
- 4 Hour chart shows the small range within a Larger Ascending channel. If the support line of the channel is held then price is likely to remain sideways to bullish.
- Bears tried and failed 3 times to close below 50 Day SMA. If bears manage to close below this line then the channel support line will be tested.
- AMAZON.com Descending triangle and Bearish engulfing
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