$DXCM can fall in the next daysContextual 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. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Shortby KozakHlib222
testing it's 50 EMADXCM continues to cool off, down more than 5% on 6/4 Thursday. This stock is making a key test of support at the 50-day moving average and 10-week moving average. On the minus side, this stock had a shocking volume on 11th of May, but the share price only moved 3.9% and starts dropping since then. the two support resistance levels are: $340 and $305. about the company: develops glucose monitoring system. last Qtr sales growth: +44% Longby yasen3623
DXCM 5th Wave CorrectionHello, What is DXCM? DexCom, Inc. is a company that develops, manufactures, and distributes continuous glucose monitoring systems for diabetes management. It operates internationally with headquarters in San Diego, California. My Thoughts For You We are definitely in a correction according to this wave count and additionally we have a bearish divergence on the daily time frame. Here is a snap shot of that bearish divergence below. Good Luck, Cheers! Be sure to comment, follow, like, and check out my profile for more trade ideas! Shortby keifer15
DEXCOM Buying Opportunities May Lies Below 360Great 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 TradesLongby BullBearMkt1
$DXCM: Likely to revisit $292.5- Weakness since May 11. - where you are long or short, it would be wise to wait for a retest to $292.5 and see the price action before making any trades.by yujingrUpdated 6
DXCM... hitting the parallel channel resistances, test of bottoms can be expected. comment if you need anything else to be explained.Shortby RezzaHmt9
$DXCM Monthly log -- short$DXCM is also beginning to look like it wants to pullback very soon based on the monthly log chart!Shortby Bearish-Bulls5
Could Dexcom be in trouble this week? Dexcom has been on an insane run, I think it is a great long term stock. However I am looking at short term, we can see a rising megaphone pattern and inside of it we see a small rising channel that is pristine until the last hour of trading on 5/8. Due to this I am short for this week, I will be looking for a quick gain on puts and get out. Shortby ToInfinityAndUpdated 223
$DXCM: $375 Price Target ShortFirst 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 does have some long potential as well, given it is a 2800+ employee company. However, given its long bullish run, I think there is a small chance it could be tipping off. That being said, for a quick profit target, I suggest a $375 short and a reinvestment in some higher growth (but maybe higher risk) stocks.Shortby gamer4561483
DEXCOM $DXCMDexcom broke apart the resistance with great volume. RSI hit the resistance but the volume may give power for next week. Watch for RSILongby TheBullseye3
DEXCOM $DXCM#Dexcom is approaching to the top. Volume is still below the average so it may stall.by TheBullseye4
buy only above 280.25buy only above 280.25 target 285.25 target 288.25 SL: 275.25Longby superkumar20205
It's time after a close above the 10 ema on breakout dayWas it on your watch-list (see link to related ideas)?Longby Ron-V4
Another one for the watchlistDon't just buy into the tickers your reading about that are climbing during this correction. Some look horrible at this point, but this really does look like it's ready to break out and climb higher. Watch for a bull flag breakout on good volume.Longby Ron-V112
buy only above 245.25buy only above 245.25 target 252.75 target 255.25 SL 240.25 Longby superkumar20203
Trade Journal: Long DXCM - 1/29/2020Markets were showing indecision in direction and my bias for the overall market is still bullish. I wanted to add another long today encase this recent market weakness is just a fake out bounce. I do have one short position as a hedge. I decided to go long this DXCM pennant pattern in the daily. DXCM is at all time highs and recently gapped up and ran due to earnings. The pennant pattern also rest right at a level of support and there are strong candlestick patterns (Hammers) rejecting this support. Furthermore, DXCM is resting at the 20MA which is typically where strong stocks like to bounce. Entry - 237.76 Stop loss - 321.90 Target 1 - 250 Target 2 - 268 I plan to use the 20MA has my all-out level. Longby Trader_KajiUpdated 7
DexCom Inc - Short OpportunityAs a beginner, I'm trying to learn everything I can about investing for the long term, but also trading in the intermediate and short term. With some successes and failures now under the belt I figure I would share my next opportunity. DexCom's recent earnings release surprised the hell out of analysts, rocketing up 27% on that day and still rising now. Hence, my next short opportunity. A stock continually pushing a 52 week high has no reference point for resistance, therefore it's best to rely on indicators and the trusty candlestick patterns. The volume has been dropping steadily since the earnings, pushing into overbought territory it's never seen before. At the sight of a bearish shooting star, with no increase in volume, go short! Set yourself some reasonable profit margins and stops. Chances are it will test the $185.20 it opened at after earnings, but if you want to be more cautious utilize Fib Retracements (38.2% to 61.8%) from it's peak. Remember, don't be greedy and lock in profits when you reach your goals.Shortby TrendsAreSexy5