The MAKO long trade is currently clearing the aforementioned 12.30 resistance level. Although only slightly above that level now (current price 12.40), volume is tracking at 6 times average volume so far today, which is a bullish confirmation of the breakout. Keep in mind that this impulsive buying (the stock is currently up 13%) follows the breakdown and recent backtest of the bullish falling wedge pattern shown on this updated daily chart.
