ISRG is now closer to 400 than it is to 200, which is right about where its 200-day SMA is (201). If ISRG makes a move to 402, I expect to see major unloading from fund managers.
Tuesday, December 25, 2007
No. 4 Intuitive Surgical: Nosebleed territory
This stock looks like RIMM earlier in the year (pre-split). ISRG refuses to dip below its 50-day SMA and has come nowhere near its 100-day SMA since March. Such is the way for a company with great, life-saving technology.
ISRG is now closer to 400 than it is to 200, which is right about where its 200-day SMA is (201). If ISRG makes a move to 402, I expect to see major unloading from fund managers.
ISRG is now closer to 400 than it is to 200, which is right about where its 200-day SMA is (201). If ISRG makes a move to 402, I expect to see major unloading from fund managers.
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