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DexCom Inc.(DXCM:NASDAQ) Elliott Wave Technical Analysis 30 May 23


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DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc., (DXCM:NASDAQ): Daily Chart, 30 May 23,

DXCM Stock Market Analysis: Looking for further upside into wave (C) as we seem to have confirmed the triangle in (B) and we are retracing to find support.  

DXCM Elliott Wave Count: Wave 2 of (C).

DXCM Technical Indicators: Above 200EMA.

DXCM Trading Strategy: Looking for longs without breaking wave E, otherwise the whole count is compromised and we could be facing more downside.  

TradingLounge Analyst: Alessio Barretta

 

DXCM_5_30.png.77d3c1aa33f4bee728683aad246f5b88.png

 

 

 

 

DexCom Inc., DXCM: 4-hour Chart, 30 May 23,

DexCom Inc., Elliott Wave Technical Analysis

DXCM Stock Market Analysis: It looks like we could have had an ending diagonal into wave {c} to then look for further upside as we also have reacted off equality of {c} vs. {a}.

DXCM Elliott Wave count: Wave {c} of 2.

DXCM Technical Indicators: 200EMA as support.  

DXCM Trading Strategy: Looking for upside into {i}.

DXCM_4H.png.e30c067550b2d114733d1393d715af51.png

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