1ISRG trade ideas
$ISRG Post Earnings Breakout Continuation$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 - possible by early May.
Looks like the Start of an upwards trend!Looking like an upwards trend is starting to develop; MACD just crossed, alligator is opening and moving averages are facing up.
ISRG bullish on hourlyI like this one and you could get in here based on this double bottom breakout or wait until 990.50.
Stock Chart Setup On $ISRG Likely Signals Earnings BeatInvestors should be aware that Intuitive Surgical, Inc. (NASDAQ:ISRG) reports earnings Tuesday, January 24th, 2017, after the stock market closes. After studying the stock chart for some time, it looks like odds favor an earnings beat and upside move. This is seen by viewing the bull-like flag consolidation that is currently underway. It signals accumulation and digestion of the latest up move. The upside is pretty substantial with $720.00 as a target. The current price of Intuitive Surgical is $655.00. Earnings are expected to be $6.21 per shares on revenue of $738 million. Please be aware, IF I decide to take the risk and play this trade, I will most likely limit my risk by grabbing a few call options.
$ISRG - Daily Chart Almost to R3 on daily and at 1.618 trend fib ext after BCLX then UTAD.. Short it..
ISRG - Approaching full retrace level* Strong uptrend intact
* Full retrace near completion
* Look for continuation beyond 52wk high of 564.86
ISRG ShortLooks 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.
