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DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc., (Nasdaq: DXCM): Daily Chart, 11 April 2023.

DXCM Stock Market Analysis: We are looking for further upside in wave (C) as we are seeing what appears to be a triangle in wave (B).  

DXCM Elliott Wave Count:  Wave E of (B).  

DXCM Technical Indicators: In-between averages(typical of a triangle).

DXCM Trading Strategy: Looking for long-term longs which you could enter now with more risk and better reward with a stop below wave A which would invalidate thee count.  

Analyst: Alessio Barretta

DexCom Inc., DXCM: 4-hour Chart, 11 April  2023.

DexCom Inc., Elliott Wave Technical Analysis
DXCM Stock Market Analysis: We can see a clear here wave move into potential wave E which suggests we could be near the completion of the triangle.  

DXCM Elliott Wave count:  Wave {c} of E.  

DXCM Technical Indicators: In-between averages, but above 200EMA.

DXCM Trading Strategy: Looking longs into wave (C).

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