Intuitive Surgical (ISRG) – Bullish DailyPlay for Thursday June 21st, 2018
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.
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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