DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc., (NASDAQ): Daily Chart, 21 April 23,

DXCM Stock Market Analysis: Looking for further upside into wave (C) as we have broken through the confirmation level (green line).  

DXCM Elliott Wave Count: Wave 1 of (C).  

DXCM Technical Indicators: Above all averages.

DXCM Trading Strategy: Looking for upside into wave (C) as we should start pullback for wave 2.  

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DexCom Inc., DXCM: 4-hour Chart, 21 April 23,

DexCom Inc., Elliott Wave Technical Analysis

DXCM Stock Market Analysis: We can see five waves into wave 1 as we are starting to pull back more than in the previous retracements. Looking for a clear three-wave move into wave 2 before considering longs.  

DXCM Elliott Wave count: Wave {a} of 2.  

DXCM Technical Indicators: Above all averages.

DXCM Trading Strategy: Looking for longs into wave 3, ideally, we reach equality of {c} vs. {a}.

(Click on image to enlarge)

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