pkt chart

IMO after next week a strong breakout from the bullish symmetrical triangle will become doubtful as it's ¾ point will have been passed.
http://www.leavittbrothers.com/education/chart_patterns/symmetrical_triangle_bullish.cfm

Indicators show PKT is ranging on low volume as it progresses through the triangle. Pattern breakout will be confirmed as the previous bullish flag breakout was.

A spike in the volume came with a close above the red resistance line. The MACD crossover buy signal was confirmed by the ADX rising 4 points.
"To catch a trend in its early stages, you might look for stocks with ADX that advances above 20."
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:average_directional_

Regards
Chalea