The MAKO Active Long-Term Trade has hit the second target (T2 at 14.15) today for a 23.6% gain from the entry back in March. Long-term Trade ideas are trades that are geared for longer-term traders and investors vs. the typical trade ideas on RSOTC which are primarily geared towards the typical swing trader with holding periods measured in several weeks or months (although many trade ideas posted here often fall into both categories).
Notice how MAKO has been basing following the breakout and long entry back on March11th. The fact that the stock made a powerful gap above the top of this basing pattern today helps strengthen the longer-term bullish case and the odds of T3 being hit. However, a pullback to backtest the top of the basing pattern (around the 13.50ish level) is likely. Therefore, considering booking partial or full profits and/or raising your stops, depending on your trading plan. A back-test of that 13.50 area would be an objective level to add back any shares sold today, for those ultimately targeting the final target (T3 at16.10). Updated daily chart & weekly chart above.