Intuitive Surgical may rise to 470.00 - 478.00

Our pivot point is at 430.

Our preference

As long as 430 is support look for 470.

Alternative scenario

The downside breakout of 430 would call for 417 and 410.

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 trading above both its 20 and 50 day moving average (respectively at 437.7755 and 414.202).

Supports and resistances

485 **

478 *

470 **

462

444.16 (USD-last)

435

430 **

417 *

410 **

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