ISRG's technical trend is down; a strong earnings report could drive recovery to the 200-day moving average (460).
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ISRG, let's look at the international surgical thing that also took a poop. By the way, not all things go straight up. where's ISRG? Got to pop it in. Should be in my watch list.
I do have a position by the way but it's not it's not huge.
So this one let's go back to five years. These are the leaders in medical robots which is a big space but this one has not played nice on the sandbox and I think I think they missed some financials or didn't do well but it just struggles just the TA is horrible trend is down.
It keeps trying to recover and it can't and I'm not sure why. Let's turn on the daily chart to get a better view what I mean. This trends are down all the way from $600 350.
Uh they need to fire up their earnings for them to recover. Let's go look at the financials actually because when I did review it actually their financials are very good and they're leaders in the space.
But this is the problem. So when the net margin falls markets don't like that when revenue is flat or falling market doesn't like that and uh earnings are they beating they are beating very nicely 17 18% at 12%. revenue slight beat.
I think if they come out with their earnings, when is their earnings? Come on, ISRG. When are your earnings? Oh, it probably doesn't show up. It should show up. Where does it not show the earnings anyway? Earnings should be coming up soon.
And if they do blow it out of the park, this thing should at least get back to the 200 day moving average 460 and then be careful. So that's ISRG.
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