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KozakHlib
Jun 5, 2020 12:55 PM

$DXCM can fall in the next days Short

DexCom, Inc.NASDAQ

Description

Contextual immersion trading strategy idea.

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems.

The demand for shares of the company looks lower than the supply.

This and other conditions can cause a fall in the share price in the next days.

So I opened a short position from $344,13;
stop-loss — $364,83.

Information about take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Thanks for being with me!
Comments
Preciousasif
So your stop loss hit Already ? Better Luck Next Time
KozakHlib
@Preciousasif, yes.

There is not any profitable strategy without losses.
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