By
Peter Mathers
of
Trading Lounge
Wednesday, February 8, 2023 6:34 AM EST
Intuitive Surgical Inc., Elliott Wave Technical Analysis
![](https://talkmarkets.com/contributor/david-marshall/user_content/ckimages/orig_capture_638114525136679263.webp)
Intuitive
Intuitive Surgical Inc., (ISRG): Daily Chart, February 8, 2023
ISRG Stock Market Analysis: Looking for further upside in wave {i} of 3, however we are still on for a double correction lower into wave {c} of 2.
ISRG Elliott Wave Count: Wave (i) of {i}.
ISRG Technical Indicators:200EMA as support, 20 and 50EMAs crossing.
ISRG Trading Strategy: Looking for a break of wave {b} before considering longs.
TradingLounge Analyst: Alessio Barretta
![](https://talkmarkets.com/contributor/tradinglounge/user_content/ckimages/orig_isrg_2_8.webp)
Intuitive Surgical Inc., ISRG: 4-hour Chart, February 8, 2023
Intuitive Surgical Inc., Elliott Wave Technical Analysis
ISRG Stock Market Analysis: It looks like we could either have a nest into wave {i} with a (i),(ii) and then again i,ii or else we could be making a flat wave (ii).
ISRG Elliott Wave count: Wave (i) of {i}.
ISRG Technical Indicators: Crossing of the 20 and 200EMA.
ISRG Trading Strategy: Looking for evidence we have resumed the uptrend with a clear trend establishing move off the lows.
![](https://talkmarkets.com/contributor/tradinglounge/user_content/ckimages/orig_isrg_4h_638114446512146312.webp)
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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...
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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.
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