Elliott Wave Technical Analysis: Intuitive Surgical, Inc.
Intuitive Surgical, Inc., Elliott Wave Technical Analysis
Intuitive Surgical, Inc., (Nasdaq: ISRG): Daily Chart, August 15, 2022,
ISRG Stock Market Analysis: Looking for a continuation higher into (v) of {iii} as we have been tracking down for the past week. The price movement has been confirming the bias therefore the level of conviction of the count has increased.
ISRG Elliott Wave count: Wave (iv) of {iii}.
ISRG Trading Strategy: Start building a small long position and an aggressive stop would be below the 232$ low.
ISRG Technical Indicators: Both RSI and MACD are in the clear bull territory and support the thesis of a wave {iii} in place.
ISRG Latest News: Block’s earnings beat estimates but the stock drops. Here’s why(Yahoo Finance).
Analyst: Alessio Barretta
(Click on image to enlarge)
Intuitive Surgical Inc., ISRG: 4-hour Chart, August 15, 2022,
Intuitive Surgical Inc., Elliott Wave Technical Analysis
ISRG Stock Market Analysis: Looking for an end of wave c or else the end of the triangles as shown. The alternate would be a sideways complex correction.
ISRG Elliott Wave count: Wave c of (iv)
ISRG Technical Indicators: We have just touched the 200 EMA and we have found support off it which is an additional sign of further upside.
ISRG Trading Strategy: Start building a small long position and an aggressive stop would be below the 232$ low.
(Click on image to enlarge)
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