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DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc., (Nasdaq: DXCM): Daily Chart, 19 July 2023

DXCM Stock Market Analysis: We have been moving higher as expected and we seem to be continuing higher into wave 3. Upside target would be at least 163$. If we were to break higher than 163$ we could start to see the whole idea of having wave IV as a flat as we would start to move closer to invalidation level.

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

DXCM Technical Indicators: Above all averages.

DXCM Trading Strategy: Looking for longs into wave 3.

Analyst: Alessio Barretta

DexCom Inc., DXCM: 4-hour Chart, 19 July 2023

DexCom Inc., Elliott Wave Technical Analysis
DXCM Stock Market Analysis: We are taking a closer look at potential wave 3. Looking for further upside to continue as follow. Invalidation level stands at 131.8$, as we could overall wave iv and i.  

DXCM Elliott Wave count:  Wave iii of (iii).

DXCM Technical Indicators: Above all averages

DXCM Trading Strategy: Looking for longs on the pullback in wave iv.

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