Stocks

Intuitive Surgical may rise to 434.00 - 442.00

2024-05-23

388 is our pivot point.

Our preference

The upside prevails as long as 388 is support.

Alternative scenario

Below 388, expect 374 and 366.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 385.5445 and 385.6798).

Supports and resistances

451 **

442 *

434 **

426

400.9 (USD-last)

394

388 **

374 *

366 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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