The Bullish Catapult: A Real Life Example

by | Apr 27, 2015 | Videos, Chart School, Technical Analysis

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 bullish catapult is, as you could likely guess, a positive point and figure charting pattern. It’s indicative of higher prices in the future. Although nothing is guaranteed, this pattern tends to act as a “catapult” by launching securities to higher prices.

Tom shares an example of a recently completed (04/24/15) bullish catapult pattern. He breaks down the action on the point and figure chart by explaining the pattern and highlighting each step. As a reminder: the bullish catapult contains a triple top buy signal and a double top buy signal within it.

Don’t miss a great chance to see a recently completed bullish catapult pattern.

Join our Newsletter

Mullooly-Main-Logo

Future-Proof Your Finances

Download the 25-Year Success Strategy

 
Enter your email & get this free PDF download to help you prepare for the next 25 years.  We will send periodic updates as well. Unsubscribe at any time.

You have Successfully Subscribed!

Share This