MAKO SURGICAL
(MAKO-Nasdaq):
Technical Viewpoint: From a low
of $26.24 on Jun 16, 2011 prices
rallied, reaching a
high of $34.30
on Jul 7, 2011. A
decline saw prices pull back, reaching a
low of
$21.40 on Aug 8, 2011.
Another rally saw prices penetrate
resistance, closing 8/17/11
at $31.25. Technicals: MACD Index (MACD): A Buy Alert!
was given on Aug 12, 2011 when the solid line crossed the dotted line to the upside.
Support: Remains at $28.96. Resistance: Is at $29.75.
Point & Figure: Reversed to the upside on Aug 9, 2011. A P&F upside
reversal takes place at $29.75. Summary: Technical indicators have turned bullish. BUY! MAKO SURGICAL
(MAKO-Nasdaq) @ $32.13 Stop: Use a protective stop of $30.13.
MAKO SURGICAL is currently trading @ $31.25 plus $3.36 on Aug 12, 2011. Price Objective:
$42.50. Risk/Reward: $2.00 VS. $10.37. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$42.50
Risk/Reward:
$2.00 VS. $10.37
Risk/Reward Ratio:
5:1
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