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Saturday, November 10, 2012

$AMRN: Our plan for next week, using Elliott Waves,Fibonacci and Pitchfork lines.


AMRN: Our plan for next week:

Next week we will start thinking that long picture is: we are,currently, on a minute wave 3 of a minor wave 3 of a intermediate wave c of a cycle wave 2, down, so we are on a bear mood on the long term.

On the middle term we are, currently, on a minute wave 3 of a minor wave 3,down, so we are on a bear market on the middle term.

On the short term, we are on a sub minute wave 4 of a minute wave 3, up, so we are on a bull market on the short term. It's an alternative in which we are on a subminute wave 2 of a minute wave 3, up, so we are on a "more bullish" market on the short term. 11.56 will be the milestone that will tell us if this wave up is a sub minute wave 4 or a sub minute wave 2,up.

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