APT Systems Inc (APTY)

[Lexi2vic]

I would like to point out a few things to show how the chart is doing just fine. If you look at the pictures below you can see what I mean. The first one is the chart where you can clearly see the cup and handle formation. The handle is forming a pennant and following the rules of the pennant formation just fine. Sometimes visuals help.

The two horizontal lines towards the top are resistance lines. As you can see, we are holding towards the upper half of the price channel that we are currently in. That's also a positive.



This is explanation of what a pennant is. You can find the link to the webpage here: Analyzing Chart Patterns: Flags And Pennants