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Analysis: #NASDAQ $ISRG

Case 473 #Intuitive Surgical Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ISRG 1/4
Chart 1
Weekly Chart: A good recovery was seen off the Mar. 2020 lows with price closing strongly above the Oct. 2018 trendline. #Momentum is still positive but is currently stalling and sustained closes below the July 2020 #pivot at 685.44 should .....

ISRG 2/4
..... target the #trendline turned #support, sloping at 638.71. To the upside the first target is 849.11 with synthetic #resistance at approximately 820.00, farther up the main objective at 972.47.

ISRG 3/4
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