When (DXCM) Moves Investors should Listen

January 18, 2024, 06:30 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DXCM

• Buy DXCM slightly over 108.92 target 125.92 stop loss @ 108.61 Details

The technical summary data tells us to buy DXCM near 108.92 with an upside target of 125.92. This data also tells us to set a stop loss @ 108.61 to protect against excessive loss in case the stock begins to move against the trade. 108.92 is the first level of support below 125.45 , and by rule, any test of support is a buy signal. In this case, support 108.92 is being tested, a buy signal would exist.

• Short DXCM slightly under 125.92, target 108.92, stop loss @ 126.28 Details

The technical summary data is suggesting a short of DXCM as it gets near 125.92 with a downside target of 108.92. We should have a stop loss in place at 126.28though. 125.92 is the first level of resistance above 125.45, and by rule, any test of resistance is a short signal. In this case, if resistance 125.92 is being tested, a short signal would exist.

Swing Trading Plans for DXCM

• Buy DXCM slightly over 125.92, target 130.61, Stop Loss @ 125.56 Details

If 125.92 begins to break higher, the technical summary data tells us to buy DXCM just slightly over 125.92, with an upside target of 130.61. The data also tells us to set a stop loss @ 125.56 in case the stock turns against the trade. 125.92 is the first level of resistance above 125.45, and by rule, any break above resistance is a buy signal. In this case, 125.92, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DXCM slightly near 125.92, target 123.87, Stop Loss @ 126.28. Details

The technical summary data is suggesting a short of DXCM if it tests 125.92 with a downside target of 123.87. We should have a stop loss in place at 126.28 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 125.92, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for DXCM

• Buy DXCM slightly over 125.92, target 130.61, Stop Loss @ 125.63 Details

If 125.92 begins to break higher, the technical summary data tells us to buy DXCM just slightly over 125.92, with an upside target of 130.61. The data also tells us to set a stop loss @ 125.63 in case the stock turns against the trade. 125.92 is the first level of resistance above 125.45, and by rule, any break above resistance is a buy signal. In this case, 125.92, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DXCM slightly near 125.92, target 124.16, Stop Loss @ 126.21. Details

The technical summary data is suggesting a short of DXCM if it tests 125.92 with a downside target of 124.16. We should have a stop loss in place at 126.21 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 125.92, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Dexcom Inc. (DXCM) available here: DXCM.

DXCM Ratings for January 18:

Term →	Near	Mid	Long
Rating	Weak	Strong	Neutral
P1	0	0	90.72
P2	121.49	123.87	108.92
P3	124.16	130.61	125.92

AI Generated Signals for DXCM

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Dexcom Inc. (NASDAQ: DXCM) report below is a real world example. Included are trading plans for DXCM, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.