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Intuitive Surgical, Inc. Message Board

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  • mihir_java mihir_java Apr 15, 2010 8:41 PM Flag

    91% institutional ownership says.......

    You are right, looks like you have very good knowledge of technical reading of charts.

    Please suggest if any good stocks to buy or to add in watch list.

    Actually , you are right.

    50 days moving average touches at $340 so it's clear down line.

    Anyway, it's way overbought , especially with retail investors , with very low volume so it's poised for good correction / pullback.

    I will buy once it will start rebounding around 335 - 338 with good volume otherwise $300 is confirmed.

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