Not sure what the AAPL chart has to do with your question. In my limited experience AAPL would not be a candidate to swing trade at this time. If you look at a 2 year chart of GE you will see recent gyrations provide a good picture of a swing trading chart.

http://finance.yahoo.com/q/ta?s=GE&t=2y&l=on&z=l&q=l&p=&a=&c=

A 5 yr chart of ptsc shows possible swing trading points if you draw a line from the peaks and one from the valeys you will get an indication of possible price points. If you want to play a little more tightly, decrease the time period and again well defined peaks and valleys appear. As far as charts go, it is not a heathy picture. The peaks are declining. It can still provide a good trading possiblilty but long term it is not s positive indicator.

http://finance.yahoo.com/q/ta?s=PTSC.OB+Basic+Tech.+Analysis&t=5y

That being said, of course IMO the reason to be in play at this time is based purely on the Markman and court outcome....which is not really reflected in the chart and you have to know the story behind it.

So a long story short, to me the chart is most telling if you are going to swing trade. PTSC has the back story going which is always needed in a penny stock play and this chapter of the story is coming to a close. Kind of like a television season finale. The question is, will it be a cliffhanger or answer questions. Right now I am hoping for a positive outcome and a significant price rise (no where near what I have seen speculated here...but several hundred percent more)

Good luck

(I) C. W.

ps I am assuming you mean swing trading vs day trading, which is an entirely different concept/model