Intuitive Surgical Inc – a Long-trade (Buy) opportunity
in
NASDAQ as per the chart.
The stock Intuitive Surgical Inc in NASDAQ in one of the top stock picks.
The stock Intuitive Surgical Inc in NASDAQ in one of the top stock picks.
Intuitive Surgical Inc, the major leader
in robotic surgery, reported second-quarter earnings after market close on
Thursday. The results were robust - good growth in just about every category.
Many more hospitals are taking advantage of this new method to get systems
in-house.
The key change in the company's business
model continues to emerge. While the effects of this change have been little
over the short period, they have the caliber to make the company even more
proficient in the long run.
DATE
|
29-AUGUST-2019
|
PREV. CLOSE
|
501.25
|
OPEN
|
506
|
HIGH
|
510.50
|
LOW
|
502.95
|
CLOSE
|
508.16
|
VOLUME
|
438,511
|
Recommendation:
As Intuitive Surgical Inc – a Long-trade (Buy) opportunity, let's go for a LONG-TRADE till it bounces back from it’s over-bought
region or hits the stop-loss. Traders are advised to maintain trailing
stop-loss and take profits.
Trade
Table:
Date
|
LTP
|
Stop Loss
|
Resistance 1
|
Resistance 2
|
Resistance 3
|
29-AUGUST-2019
|
508.16
|
503.50
|
511.46
|
514.75
|
519.00
|
Intuitive Surgical shares Resistance 1, Resistance 2, Resistance 3 can
be checked from Pivot Point Calculator.
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