Jump to content

10X Genomics Inc.(TXG:NASDAQ) Elliott Wave Technical Analysis 6 April 23


Recommended Posts

10X Genomics Inc., Elliott Wave Technical Analysis
10X Genomics Inc., (TXG:NASDAQ): Daily Chart, 6 April 23,
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).
TradingLounge Analyst: Alessio Barretta
 
TXG_4_6.png.7b907855180de85d165fba9e4fd58d62.png

 
10X Genomics Inc.,  TXG: 4-hour Chart, 6 April 23,
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. 
TXG_4H.png.360ed0ef2c4a02b4d7f37ef4326c9495.png
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • I believe DOG, as a memecoin is already quite popular and making a buzz. But as to your question, there are always new entries into the crypto space and when a reputable CEX like Bitget list it, it will substantially expose it to new communities and potential investors...    So all in all, I believe it will be good for DOG and it's future prospects! 
    • Sometimes ago, there was a CEX offering something similar but it was for new users and I even got to know about it a bit too late so I just didn't bother.   I think it's always great to see a CEX like Bitget offering this kinda promo for both new and existing users...    Thanks OP for the early heads up 👍
    • I saw Taiko on my TL yesterday but I didn't particularly pay much attention to it... But it seem they are on a good path and have forged some reputable partnerships along the way...  I have to say it's association with big guns of the industry like OKX, Kucoin etc makes it a good prospect and if you can get some of the coins early in the Bitget Pre-Market trading as you said, it will probably be a good investment in a long run! 
×
×
  • Create New...
us