Markets 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...
As 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...
Dexcom has made a significant move above resistance, assuming today's gains hold. It is still early, and volume looks good, so if the price stays up it should be a solid volume breakout. This stock held up well while the market was tanking. Price target is an estimate (always). I am using a trailing stop loss on this one. Disclosure: Long.
Dexcom rallied off the lows of the range and is now consolidating near the top of a year-long range. Watching this one closely. About a 3:1 reward to risk with a stop loss below the consolidation and a target between 196 and 200. Want to see high volume on the consolidation breakout to show there is likely enough conviction to break above the range high as well....
Dexcom a Great Stock looks to be ready to make a move much higher!
plenty room to downside, S < 135.2. possible L > 157 $IBB $XBI
DXCM flirting with new highs while RSI looks pretty constructive. This looks like it might run a bit so while it might be a nice quick momentum play there is probably a lot of long term appeal here. This also applies to AYX which I just posted.
Symbol DXCM setup flag Upcoming Earnings Jan 29, 2019 (EST) Feb 21, 2019 (EST) Horizontal S&R: yes 138 Channel S&R: no MA S&R: yes bounced off of 20ma >200ma: yes Volume confirmation: ok Candle Confirmation: yes morning star Stoch Divergence: no Reg Trendline >85: no Short Float: 7% Entry 152 Stop 137 Price Target 182 Risk / Reward: 1:2 Zacks...
Clearly, that Dec 24 route was the clear buying opportunity, You would've been +40% by now. Is it too late? I'd say NO. If you have the ability to invest on this, and of course, have an awareness on all the geopolitical factors. I think this is a win. If you want to swing, it's also up to you. Here's the thing 1) Let's be clear, DexCom is the leader on CGM...