Charts ,in real time and EOD, using Elliot waves and Fibonacci.
Monday, October 8, 2012
$AMRN: Updating our EW count and forecast from yesterday. so far so good.
The 23.6% retracement line is acting as support, as forecasted yesterday. IF this support is broke it can retrace further down to 11.14 if our count is correct.
Sunday, October 7, 2012
$AMRN: 2 alternative EW count and forecast for next week.
We think subminuette wave b (down) is in play and after should come subminuette wave c ( up) so, the retrace is complete and in place. The odds favor the minuette wave 2 could be in play. The alternative is the minuette wave 4.
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