Charts ,in real time and EOD, using Elliot waves and Fibonacci.
Wednesday, October 24, 2012
$AMRN: EW count and forecast.
In the medium term we are bullish with minute wave 2, up to 14/ 15 area but in the short term we are bearish, because 12.65 is the 50% fibonacci retracement and this will act as a toufh ressistance. Today we have call 2 times to turnpoints but we failed. Maybe, the third time we can nailed?