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


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DexCom Inc., Elliott Wave Technical Analysis
DexCom Inc., (DXCM:NASDAQ): Daily Chart, 20 July 23
DXCM Stock Market Analysis: We have been moving higher as expected and we seem to be continuing higher into wave 3. Upside target would be at least 163$. If we were to break higher than 163$ we could start to see the whole idea of having wave IV as a flat as we would start to move closer to invalidation level.
DXCM Elliott Wave Count: Wave (C) of B.
DXCM Technical Indicators: Above all averages.
DXCM Trading Strategy: Looking for longs into wave 3.
TradingLounge Analyst: Alessio Barretta
 
DXCM_7_19.png.c648145ea73069c3633ffa1dba91de25.png
 
 

DexCom Inc., DXCM: 4-hour Chart, 20 July 23
DexCom Inc.,Elliott Wave Technical Analysis
DXCM Stock Market Analysis: We are taking a closer look at potential wave 3. Looking for further upside to continue as follow. Invalidation level stands at 131.8$, as we could overall wave iv and i.  
DXCM Elliott Wave count:  Wave iii of (iii).
DXCM Technical Indicators: Above all averages
DXCM Trading Strategy: Looking for longs on the pullback in wave iv.
DXCM_4H.png.2c54bbe11423b1de45173deab96cd1a7.png
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