Intuitive Surgical may rise to 453.00 - 461.00

Our pivot point is at 412.

Our preference

The upside prevails as long as 412 is support.

Alternative scenario

The downside breakout of 412 would call for 398 and 390.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 407.9 and 391.4278).

Supports and resistances

470 **

461 *

453 **

445

422.8 (USD-last)

417

412 **

398 *

390 **

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