Bullish Catapult 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 catapults do? They launch objects… [Read More] What is a Bullish Catapult?
Technical analysis is a skill that we use everyday at Mullooly Asset Management. This category page is designed to educate individuals on some of the basics of technical analysis, specifically point and figure charting.
Triple Top Buy Signals and Triple Bottom Sell Signals 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 and triple… [Read More] Triple Top Buy Signals and Triple Bottom Sell Signals
Point and Figure Sell 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 signals. In this… [Read More] What is a Point and Figure Sell Signal?
Point and Figure Buy Signals 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… [Read More] What is a Point and Figure Buy Signal?
How Point and Figure Charts Work 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 and demand. Since point… [Read More] How Point and Figure Charts Work
The Origins of Point and Figure Charting At Mullooly Asset Management, we use point and figure charts on a daily basis to manage money. Where did this methodology come from? That’s an excellent question, and during the short video above Tom gives the answer. Point and figure charting is a form of technical analysis invented in… [Read More] The Origins of Point and Figure Charting