When (ISRG) Moves Investors should Listen

July 19, 2024, 00:54 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ISRG

• Buy ISRG slightly over 397.61 target 428.7 stop loss @ 396.46 Details

The technical summary data tells us to buy ISRG near 397.61 with an upside target of 428.7. This data also tells us to set a stop loss @ 396.46 to protect against excessive loss in case the stock begins to move against the trade. 397.61 is the first level of support below 416.14 , and by rule, any test of support is a buy signal. In this case, support 397.61 would be being tested, so a buy signal would exist.

• Short ISRG slightly under 428.7, target 397.61, stop loss @ 429.94 Details

The technical summary data is suggesting a short of ISRG as it gets near 428.7 with a downside target of 397.61. We should have a stop loss in place at 429.94though. 428.7 is the first level of resistance above 416.14, and by rule, any test of resistance is a short signal. In this case, if resistance 428.7 is being tested, so a short signal would exist.

Swing Trading Plans for ISRG

• Buy ISRG slightly over 423.44, target 428.7, Stop Loss @ 422.22 Details

If 423.44 begins to break higher, the technical summary data tells us to buy ISRG just slightly over 423.44, with an upside target of 428.7. The data also tells us to set a stop loss @ 422.22 in case the stock turns against the trade. 423.44 is the first level of resistance above 416.14, and by rule, any break above resistance is a buy signal. In this case, 423.44, 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 423.44, target 397.61, Stop Loss @ 424.66. Details

The technical summary data is suggesting a short of ISRG if it tests 423.44 with a downside target of 397.61. We should have a stop loss in place at 424.66 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, 423.44, 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 422.91, target 423.44, Stop Loss @ 421.92 Details

If 422.91 begins to break higher, the technical summary data tells us to buy ISRG just slightly over 422.91, with an upside target of 423.44. The data also tells us to set a stop loss @ 421.92 in case the stock turns against the trade. 422.91 is the first level of resistance above 416.14, and by rule, any break above resistance is a buy signal. In this case, 422.91, 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 422.91, target 414.81, Stop Loss @ 423.9. Details

The technical summary data is suggesting a short of ISRG if it tests 422.91 with a downside target of 414.81. We should have a stop loss in place at 423.9 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, 422.91, 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 Inc. (ISRG) available here: ISRG.

ISRG Ratings for July 19:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	397.61
P2	414.81	423.44	428.7
P3	422.91	439.8	458.47

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 Inc. (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.