I'm getting about $295 as an absolute bottom. $335 is where I'd say start buying though, I think that will play out as the real bottom if it keeps falling with the tide.
Dammit Spy... I couldn't resist. I just shorted it at $137.20 Edit: I mean its certainly a good product for the times, but its overpriced as a stock and the balance sheet is weak. ISRG is far better long term play at this point, all things being equal.
I mentioned it as a mid-term buy for a few months because of what's going on.....you think it's exhausting ? lol....just make $$ on it !! what is downside target?..............I understand it has a blowoff going on now, but I believe it's consolidation for higher, ultimately...
Looks like we’ve done a triple bottom around 2350 but I’d be surprised if we went lower towards 2200. We still have to retest 2700.
Well, I was gonna skip out of here and now you got me in this thing lol. Downside target near-term will be at least $114. To be safe, I'd wait for $143.50 to short it though.
To the tick 2353. Normally a quite decent buy signal, but I didn't take it due to my bearish bias. Resistance at 2395. Would need to take out that with some momentum in order to convince me we're done below for the day. Quite the battle down here...