DexCom appears to be in a Diamond Pattern while showing big MACD Hidden Bearish Divergence on the Weekly Timeframe that could later lead to a Confirmed ABCD/Gartley BAMM Harmonic breakdown upon the breaking the B point which from there likely could take it down to the Pattern Completion Zone of $30.64.
I will be playing this via the currently slightly OTM: FEB...
DexCom - 30d expiry - We look to Sell a break of 108.48 (stop at 113.03)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 108.68 should result in a further move lower. This stock has seen poor sales growth.
Levels above 122 continue to...
I will try my chances at current price which is weekly 50EMA
If doesnt hold will take another shot at weekly 200EMA
No stop loss for this stock. I prefer to average my entry.
June 22 2020 – Top Stocks To Buy And Watch This Week
Go to the Invest2Success Blog and or Contact Me for the Details
NASDAQ:DXCM
NASDAQ:FIVN
NYSE:WST
NYSE:TDOC
NASDAQ:WING
NYSE:ABT
NYSE:MDT
NASDAQ:TNDM
NASDAQ:PODD
NYSE:RNG
NYSE:TWLO
NASDAQ:ZM
NASDAQ:MSFT
NYSE:EPAM
NYSE:NET
$DXCM #Dexcom $FIVN #Five9 $WST...
Great Stocks that have been showing good upside momentum is now on pullback. A re-test of its recent swing low (with rejection) may provide a good buying opportunity.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few key points. Dexcom very recently faced a 52 week high, had positive quarterly earnings, is on a bullish run, outperformed other stocks in the same sector, continues stable growth and has a strong buy rating. It...
Recently shares of the Dexcom Inc., that are traded on the NASDAQ exchange, probably have made the bottom and started a new uptrend. Dexcom is a medical device company. The company is focused on development of continuous glucose monitoring systems. Let's look at the price movements of this stock (which is traded at $85.13 now) from the technical point of view....
