Intuitive Surgical, Inc.
לונג

Bullish to 255-270

259
ISRG has the setup to see some bullish follow through on this earnings. Initial target 234 by 7/22.

- Will likely gap to 230s post earnings then come back to fill gap around 220
- Objective here is to complete B wave of corrective ABC off its high in November 2021. The possible extensions of B off A are shown in chart, with potential to run to 299 in right environment, but based on dynamics at play I'm expecting b to be realized in the 270s
- c will be in the 150s and likely be seen this fall (will have to update based on how b plays out but near term is bullish)
- after c expect it to begin new cycle, could see new high by early 2023

Great company.

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