When Intuitive Surgical ($ISRG) Moves Investors should Listen

March 18, 2023, 20:00 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ISRG

• Buy ISRG slightly over 233.48 target 272.33 stop loss @ 232.81 Details

The technical summary data tells us to buy ISRG near 233.48 with an upside target of 272.33. This data also tells us to set a stop loss @ 232.81 to protect against excessive loss in case the stock begins to move against the trade. 233.48 is the first level of support below 237.8 , and by rule, any test of support is a buy signal. In this case, support 233.48 is being tested, a buy signal would exist.

• Short ISRG slightly under 272.33, target 233.48, stop loss @ 273.12 Details

The technical summary data is suggesting a short of ISRG as it gets near 272.33 with a downside target of 233.48. We should have a stop loss in place at 273.12though. 272.33 is the first level of resistance above 237.8, and by rule, any test of resistance is a short signal. In this case, if resistance 272.33 is being tested, a short signal would exist.

Swing Trading Plans for ISRG

• Buy ISRG slightly over 240.27, target 272.33, Stop Loss @ 239.58 Details

If 240.27 begins to break higher, the technical summary data tells us to buy ISRG just slightly over 240.27, with an upside target of 272.33. The data also tells us to set a stop loss @ 239.58 in case the stock turns against the trade. 240.27 is the first level of resistance above 237.8, and by rule, any break above resistance is a buy signal. In this case, 240.27, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ISRG slightly near 240.27, target 233.48, Stop Loss @ 240.96. Details

The technical summary data is suggesting a short of ISRG if it tests 240.27 with a downside target of 233.48. We should have a stop loss in place at 240.96 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 240.27, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ISRG

• Buy ISRG slightly over 238.08, target 240.27, Stop Loss @ 237.52 Details

If 238.08 begins to break higher, the technical summary data tells us to buy ISRG just slightly over 238.08, with an upside target of 240.27. The data also tells us to set a stop loss @ 237.52 in case the stock turns against the trade. 238.08 is the first level of resistance above 237.8, and by rule, any break above resistance is a buy signal. In this case, 238.08, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ISRG slightly near 238.08, target 233.48, Stop Loss @ 238.64. Details

The technical summary data is suggesting a short of ISRG if it tests 238.08 with a downside target of 233.48. We should have a stop loss in place at 238.64 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 238.08, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Intuitive Surgical (ISRG) available here: ISRG.

ISRG Ratings for March 18:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	196.37
P2	238.08	231.27	233.48
P3	243.04	240.27	272.33

AI Generated Signals for ISRG

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Intuitive Surgical (NASDAQ: ISRG) report below is a real world example. Included are trading plans for ISRG, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.