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21Apr

DexCom Inc., Elliott Wave Technical Analysis 21 April 2023

Alessio Barretta |21 Apr, 2023 | 0 Comments | Return|

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DexCom Inc., Elliott Wave Technical Analysis 21 April 2023

4Hour

DexCom Inc., DXCM: 4-hour Chart, April 21 2023,
DexCom Inc., Elliott Wave Technical Analysis
DXCM Stock Market Analysis: We can see five waves into wave 1 as we are starting to pullback more than in the previous retracements. Looking for a clear three wave move into wave 2 before considering longs.  
DXCM Elliott Wave count:  Wave {a} of 2.
DXCM Technical Indicators: Above all averages.
DXCM Trading Strategy: Looking for longs into wave 3, ideally, we reach equality of {c} vs. {a}.

 


Daily

DexCom Inc., Elliott Wave Technical Analysis
DexCom Inc., (DXCM:NASDAQ): Daily Chart, April 21 2023,
DXCM Stock Market Analysis: Looking for further upside into wave (C) as we have broken through confirmation level (green line).
DXCM Elliott Wave Count:  Wave 1 of (C).
DXCM Technical Indicators: Above all averages.
DXCM Trading Strategy: Looking for upside into wave (C) as we should start o pullback for wave 2.

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