If you haven`t bought the dip on ISRG:
Then analyzing the options chain and the chart patterns of ISRG Intuitive Surgical prior to the earnings report this week,
I would consider purchasing the 375usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $11.80.
If these options prove to be profitable prior to the earnings...
Based on my graphic analysis I observe a bearish projection reaching minus 7,5% in the price of this corporation, that is; from $377 it will drop to $348. With a buy exit emerging at $388, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 20-30...
This week, Intuitive Surgical (NASDAQ: NASDAQ:ISRG ) is set to release its financial results, and its stock price is expected to be in the spotlight. The robotics industry giant's product, da Vinci, is utilized by numerous doctors for performing minimally invasive surgeries. Intuitive Surgical's performance has been noteworthy in recent years, with a surge in...
The Medical Instruments and Supplies industry had stellar growth until 2022, when it could not beat that anomaly in revenue growth which was one of the primary reasons for the intermediate-term correction in 2022.
2023 patterned out the abnormal revenues and earnings for most industries that benefited from either the pandemic or from the government...
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!
Hi traders,
let's take a look at ISRG chart.
On the chart we can see a rising wedge formation.
We are expecting price to breakdown in the next days.
After the breakout occurs, we can take short position. Targets are shown on the chart.
In order to avoid trading fakeout, look for the volume increase at the breakout.
Do you agree with this idea? Let us know.
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...
Analyzing the options chain and the chart patterns of ISRG Intuitive Surgical prior to the earnings report this week,
I would consider purchasing the 285usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $5.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
A double bottom suggests a change in direction higher and possibly the start of a new uptrend. To put it in buyers/sellers terms, the sellers have created a downtrend that came to a low point (support), which led to a rebound or short-covering.
Entry point: You can consider entering a long position at current price around: 291.00.
Stop loss: Place stop loss below...
The PEAD projected a bearish outlook for NASDAQ:ISRG after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
We are waiting for price to retrace to the neckline at $244 before we enter. The price target is technical resistance at $310.There is a high probability that price could trade down to $236 first to fill the gap and tag the 200 MA before reversing and trading to the upside.
Intuitive Surgical is in the Medical-Systems/Equip Group, develops an advanced surgical system designed to improve open surgery and minimally invasive surgery.
After the earnings gap up, price has been still going up but volume has been drecreasing along with momentum.
This bearish divergnece is signaling a needed pause for $NASDAQ:ISRG.
Even if breaks above...
Hello Traders, here is an example of how to trade a "WV" pattern which given the right conditions is a high probability trade setup.
I'll let the chart speak for itself, however here are some key notes.
A "WV" pattern by itself is a strong pattern, however its best to find setups which combine multiple factors.
In the example above you have 2 strong factors:
1)...
The PEAD projected a bullish outlook for NASDAQ:ISRG after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
