lunes, 7 de julio de 2014

ISRG Stock Analysis and Forecast. Last Price $404.04 07-07-2014.

ISRG Stock Analysis and Forecast. Last Price $404.04   07-07-2014.
Hi mates, I would like to analyze the ISRG stock.
Let´s see the Chart.

Supports and Resistances:
S1:$ 398 S2:$384 R1:414$ R2:425$
The RSI is at 52%.
The MACD is above zero and below the signal it seems to me very flat.
As you can see the Stochastic is inside the oversold zone, so it´s probable that will bounce soon.
The price is moving inside an uptrend channel an in my opinion is very close to the low level.
During the last week the price broke the avg 200. However the stochastic looks very oversold so in my opinion the price will be above the avg200 in the next sessions.
Elliot waves. Actually the price is inside the flat pattern and it´s probably will start the 1st wave soon (upside serie).
I think is a good chance to buy this stock because is very close to the support level S1.
The Actual targets for this stock are:
TG1:  $419.45
TG2: $428.24
TG ext: $445.69

And that´s all! Enjoy the summer!!