Positive earning 4/18/2023 after Market. Open GAP and run into Supply Zone. Short Sell 300 Stop 309 Target 235, 190 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Harmonic bullish 5-0 tentatively forming on ISRG. This is a pivot pattern that should bring kush, unless invalidated. And if it doesn't, you may even see a triple bottom in there if you try hard enough. We shall see how the events will unfold. 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...
Hello dear Traders, Here is my idea for #ISRG Price closed below yellow line (previous month low) Targets marked in the chart (green lines) Invalidation level marked with red line Good luck! ❤️Please feel free to ask any question in comments. I will try to answer all! Thank you. Please, support my work with like, thank you!❤️
The PEAD projected a Bearish outlook for $ISRG after a Negative over reaction following its earnings release placing the stock in drift C.
Saw some worse-than-expected Quarterly Results and we were already looking at some Potential PUTs on the stock. We're looking at a potential $225 Price Target which we actually saw those price levels into today's premarket. We expect to see even lower price levels than $219 on a Double Oversold Bounce to the downside on the lower timeframes just due to the...
Hello Traders, Here is an educational post about the W-V pattern. As of right now the W-V pattern is not fully formed and we are waiting for price to retrace to the neckline at $244 before we enter. The price target is technical resistance at $309, however you could exit half at the double top resistance near $275, then using a trailing stop the rest of the way...
It appears that gap #1 is a Breakaway gap. These gaps usually occur with a break of resistance and high volume. These can occur on a good news event if the gap is up or a bad news event if it gaps down. This gap occurred on a good news event. The second gap is a continuation gap and these often mark the hal way mark of the trend up or down in the case of a...
according to low trading volume and gap up i guess it will be filled as soon as possible
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. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
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...
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%.