I bought into this stock at the wrong time...
I looked at the 2 year history of ISRG and found that old trends are still prevalent in current ISRG Stock trends. Looking at the trend lines, it looks like ISRG is a little over bought right now. I predict that ISRG will hit a correction once it's between the red lines, then it will bounce at the floor between the green lines.
Moving Averages: ISRG Recently touched its 50 ma twice, reacting bullishly to the indicator. The 20 Day MA also crossed under price, giving off another short term bullish signal. MACD: The MACD indicator gave off a bullish signal on February 21st with the trendline crossing the moving average. The price action since then has confirmed the indicator, as the...
$ISRG Bullish Ascending Triangle - plenty of upside possible within upper channel limits. 535 possible in the medium-term. Monitor for strong break through 471.50 area.
$ISRG Breaking out of bull flag - looking primed for next leg up
$ISRG breaking out post earnings. Met resistance at $458 1.27 Fibonacci line, then retraced back down to previous ATH around $450. After bouncing there and then breaking through the previous intraday high of $458, next target is 1.618 line or $476 in the near term. If we can break $476, the upper end of the long term channel will be the final target or ~$500 -...
With Intuitive, Stryker all up at all time highs i'm hunting for medical robotics companies to acquire. Smith & Nephew looking for a move below 29 to get long seekingalpha.com
Lets See if this Continues to Get Rejected
Looks to be rolling over, short term it might bounce because it is closer to the bottom of the bollinger bands but with 9, 20 and 50 day moving averages all turning lower with the rolling top, it will soon have a date with 200 day moving average.
Decide now. Next two days, opportunity for a short.
After buying on the open and taking profits on the double top, I'm going to wait for a deeper pull back tomorrow to the level where this rally began. Lots of volume on the last 5min bar and we'll see if the green high volume bar holds.
Price has been accepting high levels of balance since it bottomed out and is just breaking out to the next level at 420. There is a void to the left = no resistance so it should rocket up pretty quickly.