Elliott Wave Technical Analysis: DexCom Inc. - Tuesday, May 30

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DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc., (Nasdaq: DXCM): Daily Chart, 30 May 2023.

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.

Analyst: Alessio Barretta

DexCom Inc., DXCM: 4-hour Chart, 30 May 2023.

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}.