After a huge run-up in 2020, Amazon was range-bound for about 34 weeks. AMZN hit a high in the $3550 range in the late summer and struggled to get back to ATH for months following. During this period volume slowly dried up and the base of a "Cup & Handle" was formed over 34 weeks.
Then, the market corrected and AMZN broke below its 200D MA before regaining...
