Bullish and Bearish Catapult Point & Figure Formations

To qualify as a Bearish/Bullish Catapult formation, the move from the original breakout, whether up or down, cannot exceed 7 points. In addition, the pullback from the original breakout decline (may not drop) should be below a previous bottom in the Bullish Catapult formation or exceed a previous top in the Bearish Catapult formation.

Bullish Catapult Formation