$MULN should bounce from trendline$MULN should bounce from the bottom trendline
RSI extremely oversold
MULN trade ideas
Muln to $0This EV hustle has already been beaten by shorts. With no sight for it's vans delivery anytime soon and constant dilution of shares, it is imminent $muln will trade in range of 0.000's .
Even If $Muln manages to deliver the Vans on time, there is a chance of recall. Retail investors should stay away from this kind of speculative stock. This is just my research, not a financial advice.
Mullen Stock AnalysisHOLD Wait For the right Signal to go long
Based on technical analysis ONLY, the idea is to hold and go long for a short term investment only if the Support 1 will be broken UPWARDS.
Possible target price 0.35 USD
MULN Reversal Bottom $we started to have a reversing from the bottom price 0.18$, the confirmation for a reversal is above the 0.24$, which is our current resistant area, after we break that level we going to have a test for 2 profit taking , first around the 0.28$ and the second around the 0.33$.
MULN, 10d+/74.02%rising cycle 74.02% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
MULN $ Bottom Reversal after the short attach on Muln that opened after we broke our ascending line at the 16th of feb, we went down to test our support above the 0.25$, which we broke it now, we need to hold above our current box between (0.18$/0.20$), in order to have a reversal and then test our current resistant below the 0.25$, which will give us the first signal for several and going again towards the 0.31$ profit taking .
Mullen AutomotiveHold or sell.
Prices might go up to the support of 0.18 USD and if not broken they can jump up.
Market still bearish. Only if the level 0.6 will be broken, there might be a signal to buy.
Potential Move Short-Term The Price could Restest Fibo 0.61 before moving to 0,595
Not a Financial Advice
MULN $ Squeeze Target we have to break our current resistant around the 0.47$ and hold above the 0.31$ to confirm the squeeze towards our 2 profit taking the 0.60$ and then the 0.76$.
the second support if we break the 0.31$ is the 0.25$ which is a confirmation that MULN will not have another sell off or a new low for this year if we held above it .
watching for breakout confirmation👌break of trend resistance/.45 and I expect quick move to .57-.91
break back below trend resistance/.39 and look for a dip to trend support. boost and follow for more, thanks <3
Mullen Automotive: Outlook 2023Mullen Automotive is one of those companies alot of investors tend to overlook and dismiss, despite this $MULN seems to stay in the headlines. Usually it's about a new partnership, a working deal, new hires, acquisitions, or the oft cited ELMS plant, among others.
One headline that caught my attention recently was that the Cost to Borrow on Mullen Automotive had increased to a whopping 1,200%, an 8,000% increase in only a few weeks. While it has since cooled down to a more manageable 160%, the CTB still remains scalding hot. Now mind you, when Gamestop squeezed from $9 to $450 the CTB rate was only at 100%
It's my theory that shorts are over leveraged. I recently sold a few deep otm puts to anyone who was daring enough to buy them, during which time Mullen continued to drop from 60ish cents down to less than 20. But my contracts actually increased in value. That can only mean whoever bought my puts isn't making any cash, because well, I am.
I firmly believe that shorts know they're in trouble, and the only way out for them is to completely bankrupt the company and force it to delist. In which case they get off scot-free and have no obligation to repay their shares on loan.
Reading any article written by certain organizations in particular they show their hand. The news can be wonderful and they will find a way to cast doubt, skew the facts, bring up old news or outright lie. If you figured out I was talking about InvestorPlace, congratulations!
Recently, more bullish articles and analysts have begun taking a serious look at what CEO David Michery has managed to accomplish in 2022 and early 2023, his list of milestones and achievements is impressive to say the least (I won't list them all here for space reasons, and quite frankly, there are so many catalysts I forget them all, it's that good)
A recent look at Mullen Automotives business dealings is enough to persuade savvy investors, as it's apparent that he is setting the company up for production and distribution. That said, Mullen Automotive has secured numerous deals totalling tens of thousands of vehicles worth hundreds of millions if not billions of dollars in valuation.
It's easy to bash a start-up, almost too easy. And most of the time, with these types of companies in a bear market, the shorts have been right. But it is this writers opinion that this time, the shorts are dead wrong. Only time will tell tho, but as for me.. I Like the Stock.
MULN $ Squeeze Target we need to break the resistant box between the 0.44$/0.47$ in order to see another pump toward the 0.60$ and the 0.76$ profit taking , in the meant time we need to hold above our current support which is above the 0.36$, in order to confirm the strength of the bull and breaking that resiatnt the next time we test it .
MULN $ ALERT we about to break this flag around the 0.3150$, if we did we gain to have 3 profit taking .
Muln About to Gamma Squeeze?After landing a contract with LAX one of the world's busiest airports. If $MULN gains more momentum in this bull run to .50 we could see a big Gamma Squeeze as many call options will be in the money. $3-$5 run is possible.
#gammasqueeze #stocks #pennystocks
MULN: SIMPLE SETUP FOR A SIMPLE PLAYDESCRIPTION: In the chart above I have provided a semi-macro analysis of MULN a penny stock that has seen a continuous drop since IPO after hitting record highs of roughly 1200 points but now down to penny stock territory.
POINTS:
1. Deviation of 0.2000 justifies SUPLY & DEMAND POCKET PLACEMENT.
2. Symmetrical Triangle Formation
3. ONE LAST TEST OF 0.3200 CAN STILL BE IN THE WORKS & WOULD MAKE FOR A MORE STABLE SETUP.
IMO: With current chart setup I would consider this stock to have great bullish momentum on the short term and should perhaps only be seen as a squeeze play rather than an investment over the long term.
SCENARIO #1: In a bullish scenario price action should break 0.5500 with strong momentum to give way to a potential squeeze of price action.
SCENARIO #2: In a bearish scenario if price action is to break down below 0.2500 with strong momentum this would invalidate setup and be an optimal exit.
FULL CHART LINK: www.tradingview.com
NASDAQ:MULN
long position mullen automotive stock As noticed on the chart
Anti nen star pattern complete and targets are shown
RSI Divergence
and High volume last 3 month
all are positive signals for med term long
Looking like a pump to $5-$7 is likely It looks like we are at the bottom of the wedge. We would need to see news on the production o the vehicle for this stock to begin its breakout out of this wedge pattern,
MULN hello guys , this is my first idea that i`m posting it . I see same movement, Long by Thursday or Friday depending on movement on Monday of course .
MULN sh*t stock, but squeeze? got in 2 days ago with $gns $hlbz squeezing. Currently up 20% looking to hold for a double
GREAT BUY OPPORTUNITY$MULN now is at the corner, it will skyrocket very soon. Don't miss this opportunity.
Check my $WISA recommend a few weeks ago, I made 100% profit and jumped here now.
MULN Reversal $ Target we have an important support to get a reversal from which is the 0.25$, if we held it, we going to have first a test for the current resistant at 0.30$, then we will test 2 profit taking at 0.33$, and then the 0.40$, which will mark another bullish momentum towards the 1$.
on the other hand if we didn't hold that support the 0.25$+, is means we going to test our bottom price above the 0.21$, where we going to have huge reversal there .
