Intuitive Surgical may rise to 517.00 - 534.00

Our pivot point is at 438.

Our preference

The upside prevails as long as 438 is support.

Alternative scenario

The downside breakout of 438 would call for 410 and 392.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 445.2233 and 435.8843).

Supports and resistances

551 **

534 *

517 **

500

463.425 (USD-last)

449

438 **

410 *

392 **

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