Apollo Endoscopy $APEN has been consolidating under $7.00 since early 2018. Let's take a look at the daily chart.APEN Daily Chart(click to enlarge)Breakout and Consolidation:- The daily chart shows that price was in a bullish breakout at the end of 2017. - Not only did price push above the key pivot around $5.75, it also eventually pushed above the cluster of 200-, 100-, and 50-day simple moving averages (SMAs). - The fact that price is still above the 200- and 100-day SMAs suggests that the breakout is still in play.- I think even if price falls and breaks the triangle shown on the daily chart, it can still remain bullish if it can hold above $5.50. - Furthermore, the RSI should hold above 40 in a bullish market. The fact that it has indeed held above 40 suggests the momentum is still bullish.- Now, a break above $6.50 should lead to a test of $7.00. Above that, we can anticipate a push to $8.50.