DexCom Inc., Elliott Wave Technical Analysis

DexCom Inc., (DXCM): Daily Chart, May 9.

DXCM Stock Market Analysis: Moving as expected, looking for upside into wave 3 to then complete the larger upmove into wave (C).  

DXCM Elliott Wave Count: Wave 3 of (C).

DXCM Technical Indicators: Above all averages.

DXCM Trading Strategy: Looking for longs on the way up into wave 3.

TradingLounge Analyst: Alessio Barretta

DexCom Inc., DXCM: 1-hour Chart, May 9

DexCom Inc., Elliott Wave Technical Analysis
DXCM Stock Market Analysis: Looking for an extension higher into wave 3 as we seem to be nesting as you can see from the chart. Alternately we are in a leading diagonal into wave {i}.

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

DXCM Technical Indicators: Above all averages.

DXCM Trading Strategy: Looking for longs on the way up into wave 3, as long as every downside pullback is a three wave move and we keep making higher lows.

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