As we can see ISRG have a blood day -4.35%. this is the Elliott wave count indicator perspective, now we in correction phase, and target for correction is previous wave 4
Even if OBV as state-of-the art volume indicator suggests a healthy uptrend, RSI and MACD tells a different story.
It seems like RSI shows some signs of divergence while forming lower highs while the price is forming higher highs. For me the RSI-Indicator or Oscillator is comparable to a Momentum-Line showing if a trend slows down or speeds up.
Let's see what...
According to Traders-Paradise Algorithm, this has a high chance of going down as the TakeProfit & StopLoss strategy indicate.
For day traders - 11/8/21: High chance for going down today.
The PEAD projected a Neutral outlook for $ISRG after a Positive over reaction following its earnings release placing the stock in drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
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...
ISRG has been consolidating within a bull flag since its previous earnings gap up.
Volume has been accumulating and buyers want to take it to the next VPOC which should take it to 850 and higher.
MacD on the 4hr time frame curling up bullish.
Note: Options are not very liquid on this name so spreads are wide .
- Daniel Betancourt, OptionsSwing Analyst
The PEAD projected a Bullish outlook for $ISRG after a Positive under reaction following its earnings release placing the stock in drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
big ticker, but fun to watch. Crazy Financials. No Debt, lots of revenue, lots of free cash flow. Earnings just came out. Been watching since 812 area.
Sector: Health Technology
Industry: Medical Specialties
Intuitive Surgical, Inc. engages in the development, manufacture, and marketing of da Vinci Surgical Systems, and related instruments and accessories for...
Intuitive Surgical, Inc. engages in the development, manufacture, and marketing of da Vinci Surgical Systems, and related instruments and accessories for invasive surgery. Its products include Da Vinci and Ion. The company was founded by Frederic H. Moll, John Gordon Freund, and Robert G. Younge in November 1995 and is headquartered in Sunnyvale, CA.
NASDAQ
