Intuitive Surgical (ISRG: NASDAQ)

Intuitive Surgical (ISRG) is renowned for its innovative da Vinci system, which enables surgeons to perform minimally invasive, robotic-assisted procedures. As the leader in this niche, Intuitive Surgical has seen substantial growth in revenue and earnings due to the increasing adoption of robotic-assisted surgery. The long-term outlook is promising, with significant tailwinds expected to propel the company forward over the next decade.

Currently, robotic surgeries are employed in less than 5% of potential procedures, presenting a massive opportunity for growth. Additionally, as the global population ages and people live longer due to medical advancements, the demand for the types of operations performed by da Vinci robots is expected to rise. These secular trends position Intuitive Surgical for robust growth in the coming years.

Wall Street analysts project the stock could see a median upside of 13% to as much as 25% over the next 12 months. For investors seeking steady returns and a quality healthcare business with a substantial moat, Intuitive Surgical stands out as an excellent choice.

We are bullish on ISRG above the $350.00-$355.00 range, with an upside target of $540.00-$550.00. Investors should watch for continued adoption of robotic-assisted surgeries and demographic trends as key growth drivers.

Theta Network (THETAUSDT)

THETA has slowly drifted lower this week amid general undecided market conditions but could be poised for a short-term bounce in a few areas soon. The first zone of interest is approaching and ties in with two trends, a 0.786 Fibonacci support level, and key horizontal levels. Additionally, the Stochastic RSI has reset on the daily, 12-hour, 8-hour, and 4-hour timeframes, indicating a potential for a rebound. We should look out for a wick into this region and ideally want to see a candle close below this zone before exiting if there is continued weakness.

If the market exhibits renewed weakness, we expect THETA to react at the two yellow zones on the way down, marking them as our next potential bounce regions. Entering a trade between $2.09 to $2.03 allows for positioning in this support zone. The combination of technical indicators and market dynamics suggests this could be an optimal entry point for a potential rebound.

To manage the trade effectively, set take profit targets at $2.21, $2.32, and $2.44 respectively. This staggered approach to taking profits allows for capturing gains at various resistance levels. The stop loss should be placed at a candle close under $2.01, providing a clear exit strategy if the support zone fails to hold. This plan ensures disciplined risk management while aiming to capitalize on a potential short-term bounce in THETA.

Immutable X (IMXUSDT)

IMX has experienced a significant sell-off this week and may be poised for a reversal. The first area of interest is the current ENTRY box, which aligns with several levels of confluence, including trend support, the 0.786 Fibonacci retracement level, and horizontal support levels. Additionally, the Stochastic RSI has reset on both the 12-hour and daily timeframes, indicating a potential for a reversal. The invalidation point is clear: a loss of the rising trend and supports could suggest further downside for IMX.

Ideally, we’ll look for signs of weakness into the ENTRY box to lower stop-loss risk. When using leverage, it’s crucial to remember that losses are amplified by the leverage used if the trade goes against us. Therefore, careful risk management is essential. If the initial support zone fails, the next potential long zone for IMX is the $2.03 to $1.99 region, which also provides a good confluence of support levels.

To manage this trade effectively, enter a long position between $2.15 to $2.10. Set take profit targets at $2.26, $2.39, and $2.53 to capture gains at various resistance levels. The stop loss should be placed at a candle close under $2.09, providing a clear exit strategy if the support zone fails to hold. This approach ensures disciplined risk management while aiming to capitalize on a potential reversal in IMX.