BUY! MAKO SURGICAL (MAKO) Nasdaq

  Report No. 2423    Analysis by: Harry Aloof     AUGUST 15, 2011

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

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$42.50 Risk/Reward:
$2.00 VS. $10.37 Risk/Reward Ratio:
5:1
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