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Saturday, November 17, 2012

$AMRN: EW count and forecast. 11.57 continue intact and so the alternatives subminute wave 4 or 2.

This count is been very ,very tricky. Our final intest in our blog is testing some new rules for Elliott wave count and testing new uses of fibonacci and Pitchfork when lines are obtained with Fibonacci.
Our count,now is that micro wave a is in place and micro wave b continue in play. Meanwhile price continue playing in-between 10.16 and 10.57, this count continue valid. We continue firm in the possibilitie that this will be finally a subminute wave 2, so price has to go up further 11.57


  1. When do you see this happening? Is Monday a good time to jump in given this scenario?

  2. We have 1 week in this scenario and we have 4 ups and downs that have give oportunitie for bulls and bears. In-between this wave 4 or alternative wave 2 can be solved, any price below 10.8 is a good entry for us.