On this week's Mullooly Asset Management video, Tim explains a point and figure pattern called the shakeout. While we refer to it as the shakeout, technically its name is the bullish shakeout formation. Like some other point and figure patterns, you can probably imply...
At Mullooly Asset Management, one of the foundations of our strategy is point and figure charting. Point and figure charting is a type of technical anaylsis that tracks security prices through columns of X's and O's. People successfully use other types of technical...
In this video, I discuss the bullish support line, an integral part of point and figure charting. The bullish support line helps us to identify a security's overall trend, which is the first step in determining its viability as an investment. Tom Dorsey wrote in his...
Last week I talked about a point and figure pattern called the bullish catapult. This week Tim explains its less friendly counterpart, the bearish catapult. As you might have been able to gather from its name, the bearish catapult is not a positive pattern. It...
On this video I discuss a point and figure pattern referred to as the bullish catapult. As the name implies, this is a very positive pattern. Just think about the words bullish catapult for a moment. We all know that the word bullish suggests positivity, but what do...
Before watching this video, make sure you've seen its predecessors on double top buy signals and double bottom sell signals. Watching those videos will help make this one easier to understand. On this week's video, Tim explains and shows what triple top buy signals...
Tom has already shown us what a point and figure buy signal is. Now we must learn its counterpart: the point and figure sell signal. Point and figure charting is simple, after every column of X's you'll find a column of O's. Sometimes those columns of O's create sell...
Relative strength is a topic we enjoy discussing at Mullooly Asset Management. Relative strength measures how one security is doing compared to another. Through research provided by our friends at Dorsey Wright and Associates, we can determine the relative strength of...
In the last video, Tom showed us the daily process of updating a point and figure chart. Another main component of point and figure charting is the buy signal. Tom shows exactly what a point and figure buy signal is in this video. In point and figure, when a current...
In our last video, Tom discussed the origins of point and figure charting. Remember that point and figure charting was simply known as "figuring" when Charles Dow invented it in the 1890's. He sought a logical, organized method to track stock price movement, or supply...
