OptionsPlay DailyPlay

The bullish DailyPlay we chose for Thursday, June 21st is Intuitive Surgical (ISRG). ISRG is part of the Healthcare Sector (XLV). Over the last month, XLV has experienced a 2.00% move higher and its 1m/6m trend has turned bullish on 6/1 and recently broke above its $84 resistance level which now becomes support.

Intuitive Surgical’s 1m and 6m trends turned bullish on 6/1 and recently broke above its $475 resistance level which becomes support. With a technical score of 9 (out of 10), ISRG is a strong bullish stock that will likely continue higher.

View this Trade Idea on ISRG

As a stop loss, if ISRG was to trade below $475 for multiple days, this would invalidate our analysis and suggest getting out of the trade.

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