Momentum is building with this Double Bottom. See the live chart action.
Reversal pattern after a downtrend.
Expanding volatility. Sign of instability.
Traders are watching Intuitive Surgical (ISRG) as price action tightens. With a last close of $337.5, volatility remains active (1.65%). Price action has carved out a classic Double Bottom. Volume is average (0.89x avg) with moderate trend strength (56.7). A potential breakout level is identified at $443.84, targeting $559.11 with support near $386.21 (R:R 2.0).
What is your outlook on ISRG?