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Watch These Dexcom Price Levels as Stock Plunges After Guidance Slashed
DXCMDexCom(DXCM) Investopedia·2024-07-26 02:01

Key TakeawaysShares in Dexcom plunged in extended trading Thursday after the medical devices company posted second quarter results that came in below Wall Street expectations and slashed its annual revenue forecast.Dexcom shares look set to break down from a symmetrical triangle, a chart pattern that often precedes a trending move in the direction of the breakout.The Dexcom share price could attract buying interest at key chart levels including $70, $52, $37, and $24.On the four occasions the relative stren ...