Intuitive Surgical

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Intuitive Surgical ( ISRG) designs, manufactures and markets da Vinci Surgical Systems, EndoWrist instruments and surgical accessories. This stock is trading up 1.7% at $547.75 in recent trading.

Today's Volume: 376,000

Average Volume: 370,515

Volume % Change: 80%

From a technical perspective, ISRG is bouncing notably higher here right off some near-term support at $540 with above-average volume. This move is quickly pushing ISRG within range of triggering a near-term breakout trade. That trade will hit once ISRG manages to take out some near-term overhead resistance at $554.77 with high volume.

Traders should now look for long-biased trades in ISRG as long as it's trending above $540, and then once it sustains a move or close above $554.77 with volume that hits near or above 370,515 shares. If that breakout triggers soon, then look for ISRG to re-test or possibly take out its next major overhead resistance levels at $569.95 to $594.89.

To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.

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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.

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