In this video, Tom shares a real life example of a point and figure pattern known as the bullish catapult. If you haven't already, we recommend checking out Brendan's explanation of the pattern here: https://mullooly.net/what-is-a-bullish-catapult/7972 To review, the...
We Love the Shakeout Pattern
Here at Mullooly Asset Management, we love the shakeout pattern! Not familiar with the point and figure charting pattern we're referencing? No problem, Tim explains the basics in another video you should watch: https://mullooly.net/the-shakeout-pattern/8056 Now that...
The Bearish Signal Reverse
In this video, Tim explains a point and figure charting pattern called the bearish signal reverse. Don't jump to conclusions about this pattern because despite the word "bearish" being in its name, this is a very bullish pattern. While we don't see this pattern...
The Triangle Formation
In this video, I explain the triangle formation. This pattern can be both bullish and bearish, which makes it particularly interesting. In point and figure charting, the triangle formation's looks are true to its name. To put it plainly, you'll be able to see a clear...
What is a Bearish Resistance Line?
During this video, Tom describes the bearish resistance line. The bearish resistance line is similar to the bullish support line, which Brendan explained recently here: https://mullooly.net/what-is-a-bullish-support-line/8037 Bearish resistance lines are the exact...
The Shakeout Pattern
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...
What is a Bullish Support Line?
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...
What is a Bearish Catapult?
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...
What is a 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...
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...