01May
DexCom Inc., Elliott Wave Technical Analysis 01 May 2023
DexCom Inc., Elliott Wave Technical Analysis 01 May 2023
4Hour
DexCom Inc., DXCM: 4-hour Chart, May 1 2023,
DexCom Inc., Elliott Wave Technical Analysis
DXCM Stock Market Analysis: By looking at the smaller timeframes it looks like we could have had a three wave move into wave 2 completed. We could start looking for longs with a stop at the end of wave E, allowing for a double correction lower into wave 2 of (C).
DXCM Elliott Wave count: Wave 2 of (C).
DXCM Technical Indicators: 20EMA as resistance.
DXCM Trading Strategy: Looking longs with a stop at the end of wave E.
Daily
DexCom Inc., Elliott Wave Technical Analysis
DexCom Inc., (DXCM:NASDAQ): Daily Chart, May 1 2023,
DXCM Stock Market Analysis: We broke through confirmation by break the green line and we are pulling back as expected. Looking for further upside into wave 3.
DXCM Elliott Wave Count: Wave 2 of (C).
DXCM Technical Indicators: Above all averages.
DXCM Trading Strategy: Looking for a pullback into wave 2 to then look for longs.
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