Rising Wedge + Daily Resistance Level + Simple ABC Correction ISRG is continuing in bullish channel up to the Daily resistance level again. Price action and Volume tell us that ISRG wants to go higher and break thru but we do not have a high quality entry yet. Once we break thru the resistance there is a nice daily gap to fill up to 600 and we will see a 14EMA...
Hello traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. INTUIVE SURGICAL is in an upward trend, to buy at all prices. urgent! Please LIKE & FOLLOW, thank you!
Hello traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. INTUIVE SURGICAL is in an upward trend, to buy at all prices. urgent! Please LIKE & FOLLOW, thank you!
Perfect short setup. The bullish case is the support line off 2008 lows - one could argue that monthly hammer in March is proof that the support line held.
Chart is clear. We can possibly have reaction now. for short term. Long term we have other more supports to brake which strongest is T2
Put it on watch list. May not trade given it did not run hard when everyone else did.
ISRG dropped sharply from its recent new all time high. The stock is struggling with heavier large lot rotation action at this level. Volume is too low and Balance of Power shows heavy rotation.
I put everything on the chart. more chance to long but in 1D candle can go short since has break the previous channel
The stock has run up into earnings tomorrow and after breaking out to all time highs, a disappointment could result in considerable selling event. To much risk for a day earnings trade, as the stock is quite highly valued with a 55 P/E ratio.
The trend is your friend with ISRG for short term interest, an earnings beat could see the stock soar even higher.
A decisive bounce off support line will herald a continuation of the uptrend.
Intuitive Surgical produces robotic-assisted surgical systems. Currently, the company holds a significant market share in urology and gynecology areas. However, the business model is predicted to expand to other areas such as thoracic, colorectal, and other general soft tissue procedures. From a technical point of view, the stock recovered the highs registered in...
dnt fight the trend, eyes open, watch for a breakout, manage risk and use stops, look for good risk:reward set-ups
Nice candle yesterday + today, chart looks good, stoch + RSI
This one can be tricky but Im thinking its getting ready if it can breakout then 590-600c for next week small size