PX

The Pennant The pennant forms what looks like a symmetrical triangle, where the support and resistance trendlines converge towards each other. The pennant pattern does not need to follow the same rules found in triangles, where they should test each support or resistance line several times. Also, the direction of the pennant is not as important as it is in the flag; however, the pennant is generally flat.

Read more: Analyzing Chart Patterns: Flags And Pennants | Investopedia http://www.investopedia.com/university/charts/charts6.asp#ixzz41dZlAM80
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NEWS on PX

Security Name	Philex Mining Corporation
Date	03/01/2016
Headline	C01009: Philex Mining declaration of property dividends
Source
Content
Ex-Date: Mar 10, 2016 Type of Securities: Common Property Dividend: Date of Approval by Board of Directors: Feb 29, 2016 Date of Approval by Stockholders: N/A Date of Approval by Securities and Exchange Commission, if applicable: TBA Other Relevant Regulatory Agency, if applicable: N/A Date of Approval by Relevant Regulatory Agency, if applicable: N/A Property to be Distributed: Philex Petroleum Corporation (PXP) Shares Entitlement Ratio: 17 PXP Shares for every 100 PX shares Record Date (to be determined after necessary approvals): Mar 15, 2016 Payment Date (to be determined after necessary approvals): TBA