DXCM - DexCom, Inc. - NASDAQ

[Chipldr999]

Here is another.
 

Daily chart: http://stockcharts.com/h-sc/ui?s=DXCM&p=D&b=5&g=0&id=p19523713476

Weekly chart: http://stockcharts.com/h-sc/ui?s=DXCM&p=W&b=5&g=0&id=p55601553121

Latest news: http://finance.yahoo.com/q?s=DXCM&ql=0

[Vegas]

This is pinching today... Broke par sar... No real resistance for a while plus a nice gap to fill on the chart...

http://stockcharts.com/h-sc/ui?s=DXCM&p=D&b=5&g=0&id=p19523713476

[Dr PennyStock]

This is pinching today... Broke par sar... No real resistance for a while plus a nice gap to fill on the chart...

http://stockcharts.com/h-sc/ui?s=DXCM&p=D&b=5&g=0&id=p19523713476

Agree, no resistance until 9.15, about 25% profit from today's close until close that gap.

[Chipldr999]

Moving along nicely again today. 

[Dr PennyStock]

The problem is that is making gaps, not good.

[Chipldr999]

Would you advise to sell here at 8 and possibly re enter after it closes the gap?  It seems to be holding up pretty well.

[Dr PennyStock]

Would you advise to sell here at 8 and possibly re enter after it closes the gap?  It seems to be holding up pretty well.

If you bought, hold for now, tomorrow you will need to be careful because it is approaching the RSI50 line, and, the -DI and the +DI are very close, so they may make resistance.

[Dunadoni]

Whats a "pincher play" exactly? Can't find it anywhere..

[Dr PennyStock]

Whats a "pincher play" exactly? Can't find it anywhere..

A pincher pattern happens when the ADX line is on the overbought zone, and the PPO line is on the oversold zone, almost touching themselves, do they will bounce in opposite directions, and the stock bounces to the up side.

I use the MACD instead of the PPO.

This pattern happens when a stock is in a very oversold situation.

You can see on DXCM's daily chart that the ADX line turned down, and, the MACD crossed to positive and is pointing up.

[Dunadoni]

Thanks, it's clear now

[Dr PennyStock]

Thanks, it's clear now

Great, I am happy