Stocks

Intuitive Surgical may rise to 504.00 - 520.00

2024-08-04

Our pivot point is at 419.

Our preference

As long as 419 is support look for 504.

Alternative scenario

Below 419, expect 393 and 377.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 443.087 and 430.7166).

Supports and resistances

536 **

520 *

504 **

488

449.73 (USD-last)

430

419 **

393 *

377 **

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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