Stock Chart Setup On $ISRG Likely Signals Earnings Beat

Investors should be aware that Intuitive Surgical, Inc. (NASDAQ:ISRG) reports earnings Tuesday, January 24th, 2017, after the stock market closes. After studying the stock chart for some time, it looks like odds favor an earnings beat and upside move. This is seen by viewing the bull-like flag consolidation that is currently underway. It signals accumulation and digestion of the latest up move. The upside is pretty substantial with $720.00 as a target. The current price of Intuitive Surgical is $655.00. Earnings are expected to be $6.21 per shares on revenue of $738 million. Please be aware, IF I decide to take the risk and play this trade, I will most likely limit my risk by grabbing a few call options.