Elliott Wave Technical Analysis: 10x Genomics Inc. Thursday, September 28

By Peter Mathers of Trading Lounge

Thursday, September 28, 2023 6:45 AM EST

10x Genomics Inc., Elliott Wave Technical Analysis

10x Genomics Inc., (TXG): Daily Chart, 28 September 23

TXG Stock Market Analysis: We have been correcting as forecasted, after what seems to be a five wave move to the upside in either wave (1) or (A). Looking for a corrective wave to then resume higher. s

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

TXG Technical Indicators: Below al averages.

TXG Trading Strategy: Looking for longs into wave (3).

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10x Genomics Inc., TXG: 4-hour Chart, 28 September 23

10x Genomics Inc., Elliott Wave Technical Analysis
TXG Stock Market Analysis: Looking for another pullback and then lower low into wave {iv} as we not seem to be finished on the downside. Equality of C vs. A stands at 38.6$

TXG Elliott Wave count: Wave {iii} of C.

TXG Technical Indicators: Below al averages.

TXG Trading Strategy: Looking for shorts into wave {v}.

(Click on image to enlarge)