DXCM Short - Breakout Rejection
Updated
I'm a bit surprised this isn't getting more attention here. Breakout failed about the channel on a few price upgrades.--> That shouldn't be enough to hold a rally and is proving itself out. Short position entered at 102, PT on this would be 95 on volume profile, then 85 based on gap fill if it picks up steam.
Trade closed: target reached
I'll re-enter next week.Disclaimer
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