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DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc.,(Nasdaq: DXCM): Daily Chart, 29 June 2023.

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}.

Analyst: Alessio Barretta

DexCom Inc., DXCM: 4-hour Chart, 29 June 2023

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$.

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