📉
DXCM – Bearish Setup Developing
DexCom (
DXCM) took a major hit today after cutting revenue guidance by 12% to $1.2B.
A 30% drop in user base triggered an 11% selloff, confirming structural weakness.
Options flow shows strong bearish positioning:
🔻 3,000-lot block of Nov $65 puts traded, reinforcing downside pressure.
Implied Volatility sits around 51.5%, signaling sustained volatility ahead.
Chart Outlook (see attached):
Price is breaking down from key levels and heading into lower demand zones.
Institutional forecast models point toward a target near $49–50 (-26%) in the next 90 days.
Sentiment models (WaverVanir DSS) show only a minor short-term bounce possible, but longer-term trajectory remains bearish.
📊 Key Levels:
Resistance: $75 – $82 (supply zone)
Support: $65 (near-term), $52 – $50 (major demand zone)
Risk/Reward favors shorts into weakness.
⚠️ Bias: Strong Sell / Short Continuation
Expect further downside with elevated volatility as the market reprices guidance and user metrics.
DexCom (
A 30% drop in user base triggered an 11% selloff, confirming structural weakness.
Options flow shows strong bearish positioning:
🔻 3,000-lot block of Nov $65 puts traded, reinforcing downside pressure.
Implied Volatility sits around 51.5%, signaling sustained volatility ahead.
Chart Outlook (see attached):
Price is breaking down from key levels and heading into lower demand zones.
Institutional forecast models point toward a target near $49–50 (-26%) in the next 90 days.
Sentiment models (WaverVanir DSS) show only a minor short-term bounce possible, but longer-term trajectory remains bearish.
📊 Key Levels:
Resistance: $75 – $82 (supply zone)
Support: $65 (near-term), $52 – $50 (major demand zone)
Risk/Reward favors shorts into weakness.
⚠️ Bias: Strong Sell / Short Continuation
Expect further downside with elevated volatility as the market reprices guidance and user metrics.
WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
