Stocks

Intuitive Surgical may rise to 469.00 - 477.00

2024-07-08

Our pivot point stands at 423.

Our preference

As long as 423 is support look for 469.

Alternative scenario

The downside breakout of 423 would call for 410 and 402.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 431.865 and 407.1818).

Supports and resistances

485 **

477 *

469 **

461

443.76 (USD-last)

428

423 **

410 *

402 **

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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