Schwab Network on $ISRG (Nov 5, 2026)

"Intuitive Surgical" is the next name here. They achieved strong growth in the third quarter. They are also under some pressure today, with a decrease of about 2.5 percent. In fact, they were in the positive zone when we started this part. So, there are a lot of moves.

As for "Intuitive Surgical," I have been following them for a while. They are building the "Da Vinci" robot, and providing an assisted surgical system that enables doctors to perform remote surgeries with precision and robotic systems.

So, I'm really impressed with " Intuitive Surgical". As you know, this is where healthcare starts to resemble technology a lot without having to worry about how artificial intelligence will affect it , or whether they will build a data center or not.

But, when technology comes together with surgery and healthcare, I think you have a strong story here.

If you look at their revenue in the third quarter, it rose by 22% to $3 billion, right? If you also look at surgical procedures around the world, they have grown by 15%. This is where you start thinking again about the baby boomer generation .

Why might surgical procedures grow by approximately 15%? I'm not saying it's limited to the baby boomer generation, and I'd need to delve deeper into that, but the bottom line is that more and more people are having surgeries, and we know it.

We are all getting older, and that's a good thing. We are living longer, but we will need companies like these with their technologies to perform surgeries that are less invasive and feasible from anywhere in the world.

This means you may be able to get better healthcare without having to travel somewhere, which is a big plus for Intuitive Surgical.

Technically speaking, I know Rick will be reviewing the chart, but I can't help but mention it. We have a double bottom ( W) pattern around the 350 level, and we recently got a moving averages crossover above the 10, 20 and 200 levels with a pullback and bounce indicating a trend in that direction.

Therefore, I am optimistic about Intuitive Surgical's stock here.

Well, you know, this pattern looks like the letter W here to me. What this usually indicates is that we have a stable support area here. We recorded our lowest point of 328.57 during the day, but, two things are happening at the same time.

The first is that we bounced back from a similar point and held firm before continuing our ascent. This indicates that this is a strong key support area. But the other thing that interests me is that our second lows were higher than the previous lows, indicating additional strength.

For the time being, we have also noticed a gap here that has been acting as a fairly constant barrier . The gap opened up there around the 400 level approximately. We have peaked there several times , but we broke through after these repeated tests in our W-shaped formation.

Now that we have broken through that level, 492, which is this high point, and 512, which is another prominent high point from a period of sideways performance, stand out as two areas of potential resistance.

On the downside, our gap started at 444, and we have relative lows near 430.

So, I also see an acceleration in the trend here. Our blue channel is what we initially saw here. It has moved into our white channel, which is sharper and more pronounced here.

This is usually a sign that the trend is improving here.

Regarding moving average crossovers, I look at exponential moving averages. 5, 21, 63, 251, i.e., weekly, monthly, quarterly and annual here. We have surpassed all those levels in very rapid succession here.

Our five- day weekly average in dark blue is located here at around 460, but we also have a convergence of our annual and monthly averages here. Our 251-day and 21-day averages come together at approximately 439.

This gives us an important point of convergence that needs to be monitored for the possibility of support.

The Relative Strength Index (RSI), like in our previous chart, was in the overbought zone , but we have now fallen back below the 70 level. So, the index is currently at 66. It is still a fairly high reading.

The Relative Strength Index (RSI) is only between 0 and 100. So, I would wait for it to rise above that level if your outlook is bullish.

The trading volume profile shows that one of the most important areas close to our current activity, roughly between 470 and 496, is where things start to pull back above that level.

It rises again here, near approximately 550. Then there are many much smaller nodes to consider here, around 450 and around 430 approximately.

Yes, of course. I mean, Rick raised a very good point. We have seen an upward gap around the 440 level. So, although I am bullish , I want to protect myself. I've shared this before.

I like to be in a position where I win even if I am wrong. Therefore, I am looking to trade with a bullish outlook but using a "bull put spread" strategy. I would like to own a put option with an strike price of 400 and an expiry date of January 15, 2027.

Sorry, I mean a put option. I would pay about $4 for that. I would like to sell an option in the same month and year but with an execution price of 410. This would give you an income of about $8.

So, your net balance is $4. What I like about it is that this level is about 30 points below that upward gap that Rick talked about . Therefore, we can go back 40 points from where we are now.

We could drop another 30 points before we even come close to being called or having a sell option exercised against us. Therefore , I like to have a little margin of safety . So, whether the stock rises or moves sideways, it could fall as low as around 70 points.

We will keep that $4 difference. So, I like that. And you only risk about $10 to achieve those $4. This means a potential return of 40%. I like these numbers and I think the odds are in our favor .

Then we are only talking about 71 days until the due date. What I love about doing these deals at this time of year is that we have Thanksgiving, Christmas, and New Year's. Shortened trading weeks due to holidays work in your favor, because time is passing for people who hold those options, hoping that the stock will go down or move in a certain direction .

Good. So, Intuitive's stock is at 471.05 today, we are down 2.25%.