ISRG to Long ? Cup & Handle pattern + Above the average line 150 + Retest to support/Breakout line + RSI indicator around the middle.
Only an idea and not a recommendation for trading!
According to the market behaviour, ISRG has been rising sharply on the one hour, five hours, daily, and weekly charts. Technical analysis indicates that the next target will $327, and if it crosses that level and closes above successfully, the next target for the market will be $340 & 354.
Italian Translation:
Secondo il comportamento del mercato, l'ISRG è in...
ISRG has returned its price back to the dominant trend line that can be drawn
This line in the past has been seen as a strong bull pivot point
With consistent bull rejections
Good buy along trend line on this daily timeframe
Just did a basic fib retracement on ISRG using that last low. Looks like the 50 fib line presents a consistent area of traffic and previous support. It tested the 236 fib area weeks ago and after managing to break through and hold, the stock made new highs. After failing to retest those highs at the end of the week, it settled back at the recent levels just shy...
