MULN BUYBUY MULN at 0.1600 to 0.1400 price levels. Good for LONG TERM around 1 to 3 years hold.
PROFIT TARGET 1 at 5,000, PROFIT TARGET 2 at 8,000, and PROFIT TARGET 3 at 10,500
MULN trade ideas
MULN LONGBUY MULN at 0.2500 price level. Good for LONG TERM around 1 to 3 years hold.
PROFIT TARGET 1 at 5,000, PROFIT TARGET 2 at 8,000, and PROFIT TARGET 3 at 10,500
MULN : eligible to tax credits ? 3 supportsBiden is limiting batteries from China. MULN has a new battery installation in the US for fabrication. There 3 short terms supports in the following graph if interested, still a risky move with MULN which has been manipulated a lot recently.
MULN Possible daily supportMULN is suspiciously oversold and manipulated by shorters. It is arriving at a daily support. A possible bounce, but risky, bounce could be expected at this level.
Why is this even around? People are still investing in this?
This is insane. This is the Monthly chart.
All you need is 1 hour to look into Mullen to see its smoke and mirros. You have to be kidding me that this purposely mismanaged company still has one hand holding on to the ledge of its grave. Sucking a few more dollars out I guess.
If anything this is a throw in 100$ hail Mary, but even then just go to a casino for better odds.
Yikes.
MULN 1D -50% ShortfallPrevious post illustrated a long idea, but like lemons this stock is just sour. I created the downside I see coming and if youre investing watch out. The gains are do not last long...
Mullen Automotive Inc. is a southern California-based electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. The company was founded on April 20, 2010 and is headquartered in Brea, CA.
MULN SCAM STOCK!!! AVOIDHighly manipulated stock. Internal pump, driving investors to buy at the price they push it, then insiders sell, dump it. MULN SHOULD BE DESLISTED NOW!!!
MULN 1D Interim Short to LongMacro wave 4 of 5 down. Short to finish (B) and long to $1.67.
Mullen Automotive Inc. is a southern California-based electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. The company was founded on April 20, 2010 and is headquartered in Brea, CA.
Finally A Mullen Local Bottom?NASDAQ:MULN is not easy to predict... But, I think we have a legitimate double bottom forming. I would guess a small bounce if nothing else. I have a sell order at .85 for part of my position.
MULN falling wedge (bullish)stop below .4, MULN with recent news and deliveries looking to be a strong performer in the coming months.
Muln Small cap stock investment of a lifetime; This small cap stock is ready to blow, plagued with great news but bad stock price, this conundrum cannot last;
We have here a Cup n Handle, with first range being 90$ and second being 200$ .
the 90$ will happen fast, like 2 weeks fast; when the lawsuit proceeds and the exchanges start to present discovery and more plaintiffs added to the lawsuit for illegal manipulation using 100 pack share orders , and for very long future AH seem to be on projection with expected rate hikes in 2027-8
Finally look how the blue line crossed the orange line in the bottom and how that impacted the price. Since sept5th the blue line has mooned and with a little lag the price follows.
#Muln $Muln #mullniaire In this analysis of MULN, we observe a shift in its trading pattern as it consolidates within the $0.50 to $0.60 price range. This consolidation phase, while typical after a significant price increase, is noteworthy for its ability to retain gains from its recent rally.
The company's recent developments are compelling, including the announcement of incentive tax breaks and upcoming sales and earnings reports scheduled within the next two weeks. These events are expected to shed light on the company's financial performance.
It's common for companies to face financial challenges after launching a factory, often necessitating stock issuance to fund operations. MULN is no exception, as it is investing in training and revamping, with a clear goal of doubling production by 2024. The CEO is actively steering the company's course, making strategic acquisitions while ensuring affordability in the automotive market.
As for earnings expectations, the reported estimate stands at $90 million. However, it's believed that MULN has the potential to double this figure. The company's practice of securing upfront deposits, coupled with interest from government agencies both domestically and internationally, indicates strong demand for its offerings.
MULN's distinguishing features, such as its solid-state battery technology and AI-equipped display for real-time vehicle diagnostics, position it favorably, potentially making it a preferred choice for government contracts. This contrasts with Tesla's CEO, who often courts controversy.
In conclusion, the outlook for MULN appears promising, driven by positive news, growth plans, and a potentially robust earnings report. Nevertheless, investing carries inherent risks, so prudent consideration and further research are advisable. #mulliniaire
MULN #MullenAutomotive is the next BIG BIG thing details and all@CryptoPeePee on webull this picture is worth any words I have to say.
MULN Bull FlaggeryIt does look like we have a lack of sellers and shares to short around here. We have additionally a nice bull flag and a 200 ma that might provide a short term bounce. Highly speculative, bet small, not financial advice. DYOR.
MULN long, possible short squeezeAll the reverse splits and now the recent purchase of Romeo power, markets.businessinsider.com
Me thinks price will go higher indicator shows a target of a dolla twenty !; and added to the descending/falling wedge it is likely for Muln to go up, if i am reading the chart intuitively.
/cheers!
"I like the stock!"
Stay away from this junk It's headed for $0.30 or even $0.20 range. Protect your capital and stay away from this instrument.
MULN pushing to regain $1It looks like we have production rolling off the line, news coverage and share float that is getting bought back by the company at these lower price. Not financial advice, DYOR.
$MULN Longs over squeezeDid we hit the b0tt0m already for NASDAQ:MULN ? Hoping a bound upto $2, and another dilution into the downside which might play these coming next FullMoon :((((
MULN Accumulation To Gap Fill 60% PotentialMullen has a bunch of gaps above! I have just identified this one and I think it has the potential to fill, especially if we see a double bottom formation in my suspected accumulation zone. Not financial advice, DYOR.
MULN Scalp LongI think there is a legitimate scalp setup here that could turn into a day trade or swing trade. If we could only be so blessed. MULN -what a messed up stock and CEO, but scalpable and one day hopefully more tradeable. Not financial advice, DYOR
Proof of production? www.youtube.com
$MULN Meaningful Revenues UpcomingBack in May, Mullen Automotive, Inc. (NASDAQ: MULN) effected a 1 for 25 reverse split to regain compliance with the NASDAQ minimum price requirement. Fast forward 3 months, the emerging EV maker finds itself in a similar position with the stock trading at around $.12 per share. For this reason, investors are anticipating the results of the company’s latest shareholders’ meeting where they voted on several proposals, chief among them is the proposal to effect another reverse split to maintain the company’s NASDAQ listing. Although reverse splits are normally negative catalysts for any stock, this may not be the case with MULN since its NASDAQ listing is pivotal for the company to achieve its long-term plans. In light of this, MULN stock may soar on the anticipated results of the shareholders’ meeting.
MULN Fundamentals
MULN’s proposed reverse split will be in a range between 1 for 2 and 1 for 100. If this proposal is approved, the ensuing reverse split could drastically decrease the stock’s float and help it veer away from delisting. In the worst case, scenario the stock gets delisted and becomes an OTC stock. The results of delisting would give the company’s long-term plans a huge blow since it will not have the same access to capital it currently has thanks to its NASDAQ listing. This is mainly due to institutions’ skepticism of OTC companies, unlike companies that are listed on a national exchange since they usually have more legitimacy.
Another reason why the reverse split is beneficial for MULN’s shareholders is the low trading volume on OTC stocks compared to the NASDAQ listed counterparts. This means that if MULN stock gets delisted, its share price may further plummet which would be negative for shareholders. For these reasons, it is very likely the proposal to effect a second reverse split gets approved by the company’s shareholders to maintain its NASDAQ listing.
In addition to voting on effecting a second reverse split in 3 months, shareholders also voted on a proposal to move MULN’s state of incorporation from Delaware to Maryland. The reasoning behind this proposal is that the company paid $130 thousand in franchising tax last year and expects to pay $150 thousand this year which it will not have to pay if it moved its state of incorporation to Maryland.
However, this proposal is unlikely to be approved by shareholders since while it appears to be for cost savings, there are major negative impacts it could have on shareholders. These negatives are related to the company being able to raise its authorized shares and effect reverse splits without shareholders’ approval. While that would allow the company to act in a more versatile way regarding stock-related decisions, it could dampen investors’ confidence in the company which could see the stock fall drastically if the proposal is approved.
Technical Analysis
MULN stock is in a neutral trend and is trading in a sideways channel between $.1167 and $.1552. Looking at the indicators the stock is below the 200, 50, and 21 MAs which is a bearish indication. Meanwhile, the RSI is neutral at 43 and the MACD is bearish.
As for the fundamentals, the anticipated results of the shareholders’ vote on the reverse split proposal is a catalyst for MULN stock since it may be the company’s saving grace. Given that delisting would negatively impact the company’s long-term plans, it is very likely for the proposal to pass. As the results of the vote may be released soon, MULN stock may be poised to run ahead of the results.
MULN Forecast
Currently, MULN stock is at a pivotal point. If its shareholders approve its proposed reverse split, the stock will likely surge since this move will help it avoid delisting. Additionally, if shareholders vote to deny the company’s proposal to move its state of incorporation to Maryland, the company may avoid an investor relations nightmare which means that this decision could act as another catalyst for the stock. Keeping that in mind going long in anticipation of MULN’s stockholders’ meeting results could prove to be a profitable decision.
MULN Long Trade Planwith details including SL and tiered Targets on the 1H chart for this pullback continuation
idea.
