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Mullooly Asset Management, Inc

Mullooly Asset Management

Fiduciary Fee-Only Financial Planner | Investment Advisor in Wall, NJ

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Tom Mullooly on Bullish Catapults

The Bullish Catapult: A Real Life Example

April 27, 2015 by Thomas Mullooly

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.

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Filed Under: Videos, Chart School, Technical Analysis Tagged With: point and figure

About Thomas Mullooly

Thomas Mullooly is owner and founder of Mullooly Asset Management, Inc. In 2002 Tom opened Mullooly Asset Management, a fee-only investment advisory firm. As an investment advisor, and not a broker, Tom works strictly for his clients. With the help of point and figure charting, Tom builds a realistic game plan for clients.

1971 State Route 34, Suite 102
Wall Township, NJ 07719

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The information on this website and blog do not involve the rendering of personalized investment advice. A professional advisor should be consulted before implementing any of the options presented. None of the content contained in this website should be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.

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