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Intuitive Surgical Inc.(ISRG:NASDAQ) Elliott Wave Technical Analysis 8 February 23

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Intuitive Surgical Inc., Elliott Wave Technical Analysis

Intuitive Surgical Inc., (ISRG:NASDAQ): Daily Chart, 8 February 23

ISRG Stock Market Analysis: Looking for further upside in wave {i} of 3, however we are still on for a double correction lower into wave {c} of 2.

ISRG Elliott Wave Count: Wave (i) of {i}.

ISRG Technical Indicators:200EMA as support, 20 and 50EMAs crossing.

ISRG Trading Strategy: Looking for a break of wave {b} before considering longs.

TradingLounge Analyst: Alessio Barretta




Intuitive Surgical Inc., ISRG: 4-hour Chart, 8 February 23

Intuitive Surgical Inc., Elliott Wave Technical Analysis

ISRG Stock Market Analysis: It looks like we could either have a nest into wave {i} with a (i),(ii) and then again i,ii or else we could be making a flat wave (ii).  

ISRG Elliott Wave count: Wave (i) of {i}.

ISRG Technical Indicators: Crossing of the 20 and 200EMA.

ISRG Trading Strategy: Looking for evidence we have resumed the uptrend with a clear trend establishing move off the lows.


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