A triple bottom breakdown followed by a double bottom breakdown is recognized as a bearish catapult breakdown. The implication is that there was demand at the triple bottom level that was keeping prices from falling, but the triple bottom breakdown took some of that demand away. Prices then reversed up, allowing more sellers to create supply which continued the selling which broke below the double bottom level creating the bearish catapult breakdown.
| Symbol | Name | Exchange | Sector | Industry | SCTR | Universe | Close | Volume |
|---|---|---|---|---|---|---|---|---|
| FE | Firstenergy Corp. | NYSE | Utilities | Conventional Electricity | 15.8 | lrg | 28.92 | 2475868 |
| SWNC | Southwestern Energy Co. | NYSE | Energy | Exploration & Production | 16.54 | 599666 | ||
| ALDR | Alder Biopharmaceuticals Inc. | NASD | Health Care | Pharmaceuticals | 5.4 | sml | 16.15 | 582873 |
| ESPR | Esperion Therapeutics, Inc. | NASD | Health Care | Biotechnology | 99.4 | sml | 32.83 | 397831 |
| CHFC | Chemical Financial Corp. | NASD | Financial | Banks | 31.9 | sml | 46.34 | 352717 |
| CTMX | CytomX Therapeutics, Inc. | NASD | Health Care | Biotechnology | 63.4 | sml | 14.31 | 126532 |
