We have looked at this stock in the past and it popped back up on the radar. Dexcom, DXCM, the medical device manufacturer is set to announce Q1 earnings after the close today. It’s chart shows it is set to go up. I has had upward momentum and is sitting just above a key point. Solid earnings could give it a nice boost.
The biomed sector is strong offering a solid foundation for this next move up. With positive news this evening, DXCM could push to 140 or higher. Any move during trading today should signal what traders are expecting from earnings, but the signs look good.
Keep learning and trade wisely,
Market Wealth Daily