Charts ,in real time and EOD, using Elliot waves and Fibonacci.
Friday, September 28, 2012
$AMRN: EW count and forecast. Wave 2 from a bigger wave down is in play.
We have post earlier that the target for wave 4 was done so, a wave 5,down, is in play. We don't know in which sub waves we are now but a first wave 1,down, is in place and a wave 2,up, is in play. The maximum move up for this wave 2 is the dotted line, because first EW rule.