May. 23 at 11:59 PM
$DXCM is compressing straight into the
$72.40 horizontal line in the sand. Activist heavyweight Elliott Investment Management just stepped into the structure to add two new independent directors with deep MedTech lean operations experience. The technical tape is winding up for a volatility expansion ahead of the June ADA clinical data readout. 🩺📊
🎯 Levels to Confirm:
🐂 Bulls: Must clear and defend
$72.40 on a closing basis to activate the macro reversal leg and chase price back toward
$79.18.
🐻 Bears: Need to force a hard rejection at resistance to target a breakdown of the
$58.00 macro liquidity floor.
#MedTech #ElliottManagement #SwingTrading #hovdid
