06Apr
10X Genomics Inc., Elliott Wave Technical Analysis 06 April 2023
10X Genomics Inc., Elliott Wave Technical Analysis 06 April 2023
4Hour
10X Genomics Inc., TXG: 4-hour Chart, April 6 2023,
10X Genomics Inc., Elliott Wave Technical Analysis
TXG Stock Market Analysis: As you can see it seems like we had a triangle in wave 4 as labelled. Looking for further downside into wave A which could be traded on short timeframes.
TXG Elliott Wave count: Wave {i} of A.
TXG Technical Indicators: In between averages.
TXG Trading Strategy: Looking short term shorts as we should start to unfold lower.
Daily
10X Genomics Inc., Elliott Wave Technical Analysis
10X Genomics Inc., (TXG:NASDAQ): Daily Chart, April 6 2023,
TXG Stock Market Analysis: I changed the count a bit, calling a top in wave 5, therefore if you had longs it could be time to take profits. Looking for a three wave move to the downside as either a wave B or 2 to then resume higher.
TXG Elliott Wave Count: Wave 5 of (1).
TXG Technical Indicators: Above all averages.
TXG Trading Strategy: Looking for long term longs after we get a three wave move into wave (2) or (B).
About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - As you can see it looks like we are extending into...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Moving as expected, it looks like wave B could be ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for downside into wave {v}. We can see thr...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for resistance around the 61.8% retracement...
Read More >
Stocks bullish until Wednesday/Thursday which are the corrective swing days in TradingLounge's B...
Read More >
US Stocks Technical Analysis Elliott Wave Forecast overview: Stocks softer in the last session which...
Read More >
You need to login in order to comment