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Intuitive

Intuitive Surgical: expensive and to exit consolidationIntuitive Surgical produces robotic-assisted surgical systems. Currently, the company holds a significant market share in urology and gynecology areas. However, the business model is predicted to expand to other areas such as thoracic, colorectal, and other general soft tissue procedures. From a technical point of view, the stock recovered the highs registered in April 2019, retracing on the last day of trading to the $581 level. However, the price was not able to overtake the $600 resistance that I consider essential in that case. The last session closed above the green Ichimoku Cloud; however, I see the price too close to the cloud support at $572.71. An important signal comes from the Chikou Span (Lagging Span) of the Ichimoku Clouds. The "lagging span" is created by plotting closing prices 26 periods behind the latest closing price of an asset. Usually, when the price is above the line, it could be an indication of weakness (price too high). On the other hand, when the price is below the Chikou span, it could be an indication of strength (price too low). I highlighted in the graph the relationship between the Chikou Span and the current price. The last close perfectly matched the Lagging Span price. Besides, I believe that the market overvalues the company. The stock is currently trading above its normal Price/EBITDA ratio of 32.75, at 50.13 (I used ten years of data). Probably the stock is too expensive. My strategy is to wait until the green support of the green cloud (orange in the chart) is broken. To be sure of the beginning of a downtrend, however, wait until the red support of the green cloud is overtaken (purple in the chart). Disclosure: My articles contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties. Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. I am not a financial advisor.
NASDAQ:ISRGShort
by Investing_Fellow
BTC Flippening: Roadmap for 8K, 12K, and beyond.This sort of sums up all the targets being called out from on high, but in a way that combines fractal flipping, chart patterns, and waves. We were all expecting something big on September 11, but nothing happened. Or maybe BTC flipped again. The flip traces sort of a mirror image of previous prices. Looking at a chart patterns site, it was intuitive to visualize how well the broadening bottom pattern would fit the BTC flip hypothesis. It would form a symmetrical fractal ending on December 24, repainting previous big moves in crypto. The points are not random. They fall on the Friday of each week. Why Friday? Because that's payday, when the weekend starts. Friday is the day stock options expire worthless for 90% of retail traders. It's a day when institutions have taken that money and moved markets many times before. It seemed necessary to predict prices going low enough to take out stops, and then bouncing up for a bull trap before committing to larger down moves. Expect the unexpected in the short term. And then zoom out to see how it all fits. Institutions and CFDs seem to enjoy painting obvious daily patterns like these on charts for their trading educators to stand on. They entice undisciplined speculators to open margin accounts for 100x wreckage on small moves. The tops and bottoms coincide with support and resistance levels extrapolated from previous price action and are not set in stone. But it would be interesting to see how many are hit. And there is still plenty of room for doombear barts in the holiday aftermath with their jaunty 1-2K predictions.
COINBASE:BTCUSD
by Hellork
1
Daily crypto hate: the end is nigh.Without entering in too much detail (check my previous ideas), I think (personal opinion, not financial advice :p) that this is FINALLY it. Complacency lasted 6 boring months. But it is over, the dump is now IMMINENT. We waited a long time, so now it should be easy to wait a little longer, look at 1 hour charts and enter when there is a "signal" to (I am already short for a small amount at 7100$ because after all the waiting I did I do not want to miss it, but for the major part I am waiting). Brace yourselves for the fireworks, it will be bloody... I will update this idea as Bitcoin moves. In hundreds of years there has never been a big bull run after a 10 days long bottom right after an 8 months bear market. But does not mean there can not be a bull trap. We do not risk a short squeeze thought, so I think a bull trap is next to impossible: A couple reasons: 1) 2) Intuition 3) Shorts got eliminated 4) Weekly moving averages (MA20 is at 7400) 5) News are bullish... 6) www.tradingview.com 7) Intuition 8) NO ONE IS EXPECTING IT! Let me screenshot the top ideas for crypto this 1 September for history: imgur.com So, unless I missed someone, in all these ideas there are only 3 people that say we're going down: - DCFreak, no wonder, he is really good, shame he rarely posts (crypto does not do much thought) - My man texagg - Me
BITFINEX:BTCUSDShort
by MrRenev
USDJPY Short ScenarioAs we have approached the 114.00 level as I suspected from the February analysis, We reached a critical Resistance/Supply Zone/ Psychological level where my intuition says go ahead and place those sell limits with in the 111.0 - 111.60 Price range. Weekly TF Strongly suggests by the float and Wicks that 113.0 is our stopping point for flight and it is time to decend to levels of interest around 110.0 - 109.50 areas. Now that the 4 hour TF also suggests that we have broken important key structual areas, we are given permission to Sell with Limit Orders in higher Range to have one final Test.
Short
by TheOzarkTrader