Amazon

Price is consolidating in higher time frame(one hr) and nearing trend line support at lower time frame. Resistance is seen at 200 - 202 zone. Price have to sustain above this zone to continue the up trend.
Buy above 202 with the stop loss of 200.5 for the targets 203.5, 205 and 207.
Sell below 198 with the stop loss of 199.5 for the targets 196.5, 195 and 193.5.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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Support and ResistanceTrend Lines

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