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).
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