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*** These days I post my charts/thoughts on under the same user name BreakoutTrader *** "Charts are worth a million words." - Ralph Acampora "Having learned what folly I was capable of, I closed that particular incident." - Reminiscences of a Stock... More
  • ISRG Intuitive Surgical: Second Move  0 comments
    Feb 20, 2012 12:21 PM | about stocks: ISRG
    ISRG gapped down on earnings release date 1/20,
    but was able to recover, closed the gap, and even
    broke above the $475 resistance area. What a very
    "resilient" stock !

    The following daily chart shows a new uptrend in
    yellow channel. Based on the new channel, if the
    market cooperates, ISRG has the chance to reach
    $525 area by the end of this week.


    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in ISRG over the next 72 hours.

    Stocks: ISRG
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