Intuitive Surgical
Friday, October 19, 2007
Shares of Intuitive Surgical are very active and trading up, beneficiating from the recent news that HSBC raised stock price target to $325. Looking at the technical chart, stock is trading in Strong Bull Market with its 50 dma on top of 200 dma and both going up without any signs of weakness. At this moment is likely see this stock break the last resistance at $260, so pay particular attention to this stock, because any breakout with be a strong tone for Bears close its short positions, therefore putting some pressure in share price to move up again.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: ISRG
