We have been riding the bullish run in Apollo Endosurgery since in popped up in early 2018. We were right to anticipate an eventual bullish breakout of resistance around $7.10. We also projected targets of $8.50 and $9.50 for APEN, both of which were quickly achieved. APEN Daily Chart(click to enlarge)Resistance:- The daily chart shows the recent surge in APEN from below the $7.10 range resistance to tag $9.55 on Friday, 7/13. Last week was 4 bullish days capped by a slight pullback on Friday. I think the market will become more choppy now and APEN will likely enter a period of consolidation. - Within this choppy outlook, we still can see a drift towards $10. - The interesting price action would be if price pulls back below $8. - In this scenario, we can anticipate support around $7.10. We can also time the support to when the RSI approaches 40. In a bullish trend, we sometimes see the previous resistance provide support and the RSI hold above 40.