Intuitive Surgical may rise to 576.00 - 593.00

Our pivot point stands at 473.

Our preference

The upside prevails as long as 473 is support.

Alternative scenario

The downside breakout of 473 would call for 446 and 429.

Comment

The RSI is above 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 484.8083 and 483.263). Finally, Intuitive Surgical has crossed above its upper daily Bollinger band (504.93).

Supports and resistances

611 **

593 *

576 **

558

521.15 (USD-last)

484

473 **

446 *

429 **

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