Elliott Wave Technical Analysis: DexCom Inc. - Thursday, June 8

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DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc., (Nasdaq: DXCM): Daily Chart, 8 June 2023.

DXCM Stock Market Analysis: Moving as expected, we had a sharp move to the downside into what could be wave {ii}, I am expecting the bottom at around 110$ to hold as we continue higher.  

DXCM Elliott Wave Count: Wave {i} of 3.

DXCM Technical Indicators: Above all averages.

DXCM Trading Strategy: Looking for upside continuation into wave 3.  

TradingLounge Analyst: Alessio Barretta

DexCom Inc., DXCM: 1-hour Chart, 8 June 2023.

DexCom Inc., Elliott Wave Technical Analysis
DXCM Stock Market Analysis: It looks like we have a potential five wave move into wave (i) and so far three wave down into wave {ii}. Looking for upside soon.

DXCM Elliott Wave count:  Wave (c) of {ii}.

DXCM Technical Indicators: Above all averages.

DXCM Trading Strategy: Looking for a break of wave {i} to confirm upside resumption.

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Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

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