Apollo Endosurgery $APEN has been consolidating since February, matching the period of tentative sentiment in the general market. During this period, APEN was able to maintain a bullish bias. With markets seemingly getting its grove back, APEN also shows strong bullish continuation prospect to the $8.50 mark.APEN Daily Chart(click to enlarge)Bullish Signs Preserved:- A cross back above the 200-day simple moving average (SMA) is a sign of bullish reversal.- That happened at the start of the year. - Then, price came back and tested the 200-day SMA in February. Since then, price has been just hovering indecisively above the 200-day SMA. - A bullish market should also see the RSI hold above 40. The RSI cracked 40 several times, but did stay above 40 for the most part. It is now pushing towards 70. Ability to push above 70 would be a good sign for the bullish outlook.- The recent rally suggests that bulls won this battle. - Now, looking back to 2017, we can see that price bottomed, and is now ranging at a higher price level than it was between August and December 2017. - So what we have is a possible bullish reversal developing. - Before we get ahead of ourselves, we should still monitor the $7.00 area for resistance.- Above $7.00, we can anticipate a rally to $8.50, a previous resistance pivot.