Momentum is building with this Bearish Flag. See the live chart action.
Bearish continuation if preceding move was down.
Market participants tracking Intuitive Surgical should note the latest formation. The stock is trading at $406.78, up 1.14% on the day. The primary technical feature is a Bearish Flag formation. Volume is strong (1.55x avg) with moderate trend strength (18.5). A potential breakout level is identified at $396.68, targeting $302.21 with support near $426.2 (R:R 3.2).
What is your outlook on ISRG?