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DexCom Inc.(DXCM:NASDAQ) Elliott Wave Technical Analysis 20 March 23


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DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc., (DXCM:NASDAQ): Daily Chart, 20 March 23,

DXCM Stock Market Analysis: Looking for an overall long term correction to take place as we could be correcting the entire upmove from 2008.Looking for another leg higher before potential downside resumption.

DXCM Elliott Wave Count: Wave (B) of B.

DXCM Technical Indicators: Above all averages.

DXCM Trading Strategy: We could look for longs with a stop below 104$.

TradingLounge Analyst: Alessio Barretta

 

DXCM_3_20.png.042ed5176cbf6afd183a4072dcbeb8bb.png

 

DexCom Inc., DXCM: 4-hour Chart, 20 March 23,

DexCom Inc., Elliott Wave Technical Analysis

DXCM Stock Market Analysis: Here the three wave move to the upside appears clearer. Looking for sideway continuation as long as we stay above the 200EMA to then resume higher.

DXCM Elliott Wave count: Wave (B) of B.

DXCM Technical Indicators: In between averages.

DXCM Trading Strategy: Looking for sideways continuation in wave (B).Enterwave (B).

DXCM_4H.png.3986e5659cca26abd48286f45da500c3.png

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