The PEAD projected a Neutral outlook for $ISRG after a Negative over reaction following its earnings release placing the stock in drift C.
ISRG has the setup to see some bullish follow through on this earnings. Initial target 234 by 7/22. - Will likely gap to 230s post earnings then come back to fill gap around 220 - Objective here is to complete B wave of corrective ABC off its high in November 2021. The possible extensions of B off A are shown in chart, with potential to run to 299 in right...
Forming an Ascending triangle. I like how 50DMA and top of ascending triangle coinciding at the same place. These type of setups tend to be really powerful when they break. Jul 22 220C can work on breakout.
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
The PEAD projected a Bearish outlook for $ISRG after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 77.78%.
Goals 254, 223. Invalidation 307. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the...
Not sure if we have topped yet or 1 more high before rekt, It won't change much - the end result is $120-155~ area being tested gl.
ISRG ready to move up. based on the technical analysis its on its strong support and if close above 327 can show below targets soon, enjoy :) T1 352 T2 360
Chart explains itself. Stay long above support.. begin to break through cloud support and short this mofo
* Exceptional earnings * Very strong up trend * High 3-month relative strength in the Healthcare sector * Offering a pocket pivot entry with little to no resistance * Forming a text-book cup and handle pattern with a ~11% deep base * Base forming for the past ~10 weeks with a tight handle of ~3 weeks Trade Idea: * Now's a great time to enter on the pocket pivot...
The PEAD projected a Bullish outlook for $ISRG after a Negative over 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.
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(1) bullish (2) breakout finished, pink support is solid for now
As we expected and we had b wave, so I expecting a c wave down to correct impulse Target for c is previous wave 4
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
Mid Day Market update Aug 26,2021. How will the market move ?