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DexCom Inc.(DXCM:NASDAQ) Elliott Wave Technical Analysis 29 June 23


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DexCom Inc., Elliott Wave Technical Analysis
DexCom Inc.,(DXCM:NASDAQ): Daily Chart, 29 June 23,
DXCM Stock Market Analysis: We have been looking at upside resumption into wave (C) as we seem to be continuing higher into a series of ones and twos.  
DXCM Elliott Wave Count: Wave 3 of (C)
DXCM Technical Indicators: 20EMA as support.
DXCM Trading Strategy: Looking for upside into wave {iii} as long as we don’t break the bottom of wave {ii}.
TradingLounge Analyst: Alessio Barretta
 
DXCM_6_29.png.4dc89e2d5d71210e904673d6530a3997.png
 
 

 
DexCom Inc., DXCM: 4-hour Chart, 29 June 23
DexCom Inc., Elliott Wave Technical Analysis
DXCM Stock Market Analysis: Looking for upside into wave (iii) to be already on the rise, as further downside could most likely invalidate the count. If we are within a third of a third I’d expect strong upside.  
DXCM Elliott Wave count:  Wave (iii) of {iii}.
DXCM Technical Indicators: 20EMA as support.
DXCM Trading Strategy: Looking for upside into wave (iii) with invalidation at 117$.
DXCM_4H.png.92500da20b21a9a3a499ff2d58a816f4.png
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