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Thursday, November 15, 2012

$AMRN: EOD EW count and forecast. 11.57 will be,again, the milestone.

We continue forecasting that 11.57 will be the milestone, that will tell us, definitely if this retrace is as a wave 4 or as a wave 2. If this is a wave 4, expect a big downfall with target below 10 and If this is a wave 2, expect a rally, up to 12.70 and after this a big downfall to continue searching the last milestone of this big downfall ,with a target of 5 or below.

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