Another one like this right now... is ISRG @ $378.... its a screaming buy. Huge trap. There's no way we aren't going lower. 2340 is toast guys.
(I was just writing this when you made that post... let me look. $255 may be a little low.) Man I'll tell you guys what though. If you have a retirement account... start buying a few shares of ISRG. Like I said, its a trap here at $376 now... I'll have to pull out the magic pencil and look at this one, I should be able to get a pretty good bottom guess on it. I've followed it for ages... but that said... even at this level, if you can stand to watch it go lower... buy some of this company. You will not be sorry. I promise.
Yesterdays Bullys inability to run off the wedge/pennant confirmed where we are headed... Trend remains down... smack the lifts & spank the rips!
I'm not saying we don't see a multi-month 50% to 60% retrace of this swoosh down, but this is a market that will be cut in half before this is over, imo. So take your all time high and divide by two.