The MAKO long setup has triggered an entry today as prices have taken out the downtrend line. So far, volume has not been as high as I would like to see and therefore, I’ve only taken a partial position at this point (as the risk of the breakout failing is increased without above average volume) . However, in about the last hour or so, I’m seeing the volume increasing sharply over the first few hours of trading today so I do plan to add to the position if that trend continues.
