The AMZN is planning a follow-up to the successful line move towards up is a directionally oriented position generally opposite to that of the pull of gravity. Trading in the direction of a strong trend reduces risk and increases profit potential.
--4 hour time frame-- In four hour time frame the stock is moving in its range.
--1 weekly time frame--
1 week chart there is a break towards up-direction. Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart.
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