Could Dexcom be in trouble this week?

2020年5月9日

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.

2020年5月12日

交易進行

bought more June puts today
it stayed in the upward channel and also stayed in the rising megaphone
it is in the middle of the channel and the middle of the megaphone
I am seeing it overbought on 3 and 4 hour
downside this week or ill sell

2020年5月12日

註釋

We just broke down from first support, next support touch I'll sell and take profits.