Market Status: AMZN is in oversold territory recovering from a downtrend. Trading well below all major EMAs (50: $221.80, 200: $221.76), showing significant weakness but recent bullish momentum emerging.

Technical Indicators: RSI climbed from 29.92 to 50.19 in just 3 days - strong recovery signal! MACD histogram turning positive (0.82), suggesting momentum shift. Price action shows buyers stepping in at $205 support level.

Recent Action: After touching oversold RSI on Feb 25, we saw a classic reversal pattern with Feb 27's bullish bounce recovering most of Feb 26's losses.

Prediction: Tomorrow likely green candle continuation. Week expected to close above current levels as oversold bounce continues toward $212-213 resistance zone.