Seemed a little forced on this idea. $60 support may have been a better play. Saying that TNDM valuation is pretty stretched here. Would be surprised to see a move to the mid 40s. Though not a negative catalyst of any sort so speculative. Will note that both DXCM and MDT look a bit toppy could show a bit of TNDM weakness if there is any, which from you analysis looks like there is as it didnt hold your trend.
JackSkully
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@Robinhoodgrowth, almost hit that $60 mark. Trade didn't work out. Thanks for sharing your thoughts.