AMAZON — LONG: Potential Bullish Rebound from Key Fib SupportAmazon.com, Inc.BATS:AMZNomarlima9546📊 Technical Scenario Amazon (NASDAQ: AMZN) closed at $243.79 on the daily timeframe, down 4.25%, following renewed selling pressure near the $254–265 resistance region. Price has retraced toward the 50% Fibonacci level at $241.43, a key technical area that could support a bullish recovery. The chart highlights a potential LONG setup around $243.65, anticipating a rebound toward the $254.83 resistance area. However, the pre-market indication at $226.96 suggests a significant downside gap following earnings. This substantially weakens the original setup and requires renewed confirmation before considering an entry. Technical Indicators: Fast MA (red): around $254.67, currently acting as dynamic resistance. Slow MA (green): around $243.38, converging with the 50% Fibonacci support area. RSI: 40.72, below its signal line at 49.87, indicating bearish momentum and limited bullish confirmation. ⏱ Fibonacci Structure The Fibonacci retracement is measured between the $195.87 low and the $286.99 high. Key levels: 23.6%: $265.48 38.2%: $252.18 50%: $241.43 61.8%: $230.62 78.6%: $215.37 The original bullish thesis relies on the $241–243 support cluster holding. A confirmed recovery above this region could open the way toward the 38.2% retracement, while sustained trading below $230.62 would suggest a deeper correction toward $215.37. 🎯 Key Levels Resistances: $252.18–254.83: immediate resistance and recovery target. $265.26–265.48: major Fibonacci resistance. $278.71: upper structural resistance. $286.99: previous swing high. Supports: $243.38–241.32: original dynamic and horizontal support cluster. $230.62: 61.8% Fibonacci support. $226.96: pre-market indication and important downside reference. $215.37: 78.6% Fibonacci support. $195.87: major structural low. 📍 LONG Setup The TradingView Long Position tool highlights a potential recovery from the Fibonacci support cluster. Original chart setup: Entry Area: $243.65 Stop Loss: $241.32 TP1: $252.18 TP2: $254.83 TP3: $265.26 Extended Target: $278.71 Risk/Reward: approximately 1:4.8, as displayed by the TradingView Position Tool for its original target. Bullish Confirmation: A recovery above $241.43, followed by sustained buying pressure toward $252.18, would strengthen the LONG scenario. Important: The indicated pre-market price of $226.96 is already below the original stop. The setup is therefore not actionable at the original entry and stop levels unless price recovers and a new valid structure develops. ⚠️ Invalidation The original bullish setup is invalidated by sustained trading below $241.32. The pre-market decline suggests this condition may already be met at the next regular-session opening. Continued weakness below $230.62 would expose $215.37 as the next major Fibonacci support. 🌍 Macro & Earnings Amazon's Q3 revenue increased 12% to $201.9 billion, while AWS grew 39.3%, highlighting strong cloud demand. However, earnings and revenue missed expectations, and planned 2026 capital expenditure of approximately $220 billion raised concerns about AI investment costs. Shares declined sharply after hours, creating significant near-term downside risk. Conclusion The original AMZN LONG thesis targets a rebound from the $241–243 Fibonacci support cluster toward $252–255. However, the post-earnings selloff materially changes the technical picture. A confirmed recovery above $241.43 is now essential before reconsidering the bullish scenario, while continued weakness could extend the correction toward $215.37.