Amazon’s Breakaway Gap After a Stunning Q3 Earnings Beat
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Hello everyone, Amazon just electrified Wall Street with a phenomenal Q3 earnings report that shattered expectations. The company posted an EPS of $1.95 per share — more than double analysts’ forecasts, while revenue climbed to $180.2 billion, reflecting a 13% year-on-year growth. Both AWS and digital advertising divisions remained the main profit engines, propelling overall earnings to record highs.Following the announcement, after-hours trading saw a surge in buy orders, catapulting Amazon’s stock nearly 10% higher at the next session’s open. This created a distinct breakaway gap on the chart — a classic technical signal that a new bullish phase may be underway.
On the 4-hour timeframe, price spiked from $225 to $256, and is now consolidating around $248–$250. This range represents a small Fair Value Gap (FVG) — often a short resting zone before another leg up. If a pullback develops, $240–$236 could act as support before the stock attempts another push toward $252–$256.
From a fundamental standpoint, Amazon’s outlook remains bright. The upcoming holiday season should further boost sales momentum, while AI integration and cloud infrastructure expansion continue to fortify its long-term growth story. Moreover, with expectations of a Fed rate cut in December, the macro backdrop supports further upside potential.
So, what’s your take — is this “gap up” just the beginning of a longer-term rally for Amazon?
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That earnings gap was wild — shows how strong the retail engine still is.

