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
$DXCM is also beginning to look like it wants to pullback very soon based on the monthly log chart!
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.
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...
Dexcom broke apart the resistance with great volume. RSI hit the resistance but the volume may give power for next week. Watch for RSI
#Dexcom is approaching to the top. Volume is still below the average so it may stall.
RSI trend is broken down. It may do some correction for a while
We keep seeing Clinical Stage Companies that are publicly traded, with new FDA Approvals, and the stocks are blasting off. Many of those are trading over $100 with no revenue, profits or earnings. Here Merck is, sitting under $100, beating earnings, with record revenue and profit, and paying an almost 3.00% dividend....It is simply outrageous. Wall Street...
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 a Great Stock looks to be ready to make a move much higher!
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.
Stock price has not been fully established yet. Lots of uncertainty, meaning lots of opportunity for short term fluctuations. Stock just underwent reverse split. Currently a "low floater", but with real business operations, not just some cheap pump and dump scam from china or some bitcoin stock. Its a real company with real aspirations of survival. Only...