By
Peter Mathers
of
Trading Lounge
Wednesday, February 15, 2023 9:23 AM EST
Photo by regularguy.eth on Unsplash
Intuitive Surgical Inc., Elliott Wave Technical Analysis
Intuitive Surgical Inc., (Nasdaq: ISRG): Daily Chart, 15 February 2023.
ISRG Stock Market Analysis: Looking for further downside into wave {c} as we have been anticipating for quite some weeks now, and then we’ll look for longs in wave 3.
ISRG Elliott Wave Count: Wave {c} of 2.
ISRG Technical Indicators: Below all averages.
ISRG Trading Strategy: Looking for a bottom in wave 2 to then look for longs.
Analyst: Alessio Barretta
Intuitive Surgical Inc., ISRG:4-hour Chart, 15 February 2023.
Intuitive Surgical Inc., Elliott Wave Technical Analysis
ISRG Stock Market Analysis: Looking for further downside into wave {c} as we could be in wave (iv) of {c} and we could reach the 0.618 {c} vs. {a} to then find support.
ISRG Elliott Wave count: Wave (iv) of {c}.
ISRG Technical Indicators: Below all averages.
ISRG Trading Strategy: Looking for a bottom in wave 2 to then look for longs.
More By This Author:
Elliott Wave Technical Analysis: Bitcoin /U.S. Dollar, Wednesday, Feb. 15
Elliott Wave Technical Analysis: Cisco Systems Inc.
Elliott Wave Technical Analysis: Dogecoin / U.S. Dollar
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 ...
more
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.
less
How did you like this article? Let us know so we can better customize your reading experience.