A P&F Bullish Catapult is a Triple Top Breakout followed by a pullback in a column of O's and then a Double Top Breakout. Point and Figure charts plot rising prices as columns of X's and falling prices as columns of O's, ignore time, and add a new column only on a reversal of several boxes, which filters out minor moves. The pattern combines two buy signals: the pullback holds above the old resistance, and the new X column confirms that the breakout is real and the uptrend is resuming.
