MULN trade ideas
MULN $ ALERT Friday we have critical support to hold above 0.3980$, when the market open, cause if we hold it , we going to have another test and break for the 0.44$ current resistant , and go towards our 3 profit taking , if we broke it, we will see huge selling pressure to take us to reversal area, above the (0.33$/0.34$)area.
let's hunt .
Mullen - Possible Short Targets BelowMullen is pretty steamed up, I feel like it's over bought for the moment. I like shorting these wick tops and I don't think this situation is much different. I think overall I could get bullish on this stock, I will admit that I am not analyzing any fundamentals. My last Mullen call is to the left at the first (small) yellow arrow and it seems like we could repeat again. Not financial advice, DYOR.
MULN Breakout $we need to hold above the current support the 0.21$, in order to have a test for the most important level 1round the 0.27$, which will be the first sign that we started reversing from this bearish trend , and confirm the squeeze once we break the 0.35$ level .
if we got rejected before that level of resistant , we going to ave a test for the bottom pricer between 0.18$- 0.19$ level .
MULN Breakout $we are testing our support in that purple box, which we going to see a reversal once we break our ascending line , and break the first resistant the 0.2850$, which we give us huge bullish momentum once we clear it, to go to the squeeze level at o.35$, and 3 profit taking after clearing that level .
MULLEN - Plenty of intraday gaps...I noted the daily gap but to my surprise we have all these intraday gaps below (from halted trading I assume). Watch for direction and maybe trade based on volume. What a wild ride. I'm questioning the tiny long that I took here. I will put orders at $.2 for later in case they fill. Not financial advice, DYOR.
MULN | E.V. Contender Oversold | LONGMullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. It also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car; and provides battery technology and emergency point-of-care solutions. The company was founded in 2014 and is based in Brea, California.
MULN coud possible retest lower levels#MULN hasn't been able to break that .3250 resistance which makes me wonder if this is doing a bear flag or a possible continuation down if it holds 38% / 50% / golden pocket 61.8% so we could see .2.95 soon.
Support levels 0.2940, 0.266, 0.2402
Resistance levels 0.3250, 0.3588,
Make sure to see if the levels are respected and validated with volume
MULN Inverse cup handle drop out of the wedge formation if the current resistance on the top of this wedge plays its part i will look for atleast a 20 percent drop to the mid channel for the first fake rally before dropping out of the wedge range for the support at the point of contraction (the precious breakout point) this will create the accumulation range movement within the handle of the cup.. watch for the 5 point series before the breakout this will be a possible triploe top double bottom run up for the breakout. watch each level and drop accumulationon each run up to create your stages of focus. RULES of 3 always play within 3 price chanels your base your breakout your target then replan. watch for a 2 to 1 or a 3 to 2 deviation on the way up.
bruh, almost 200% on shares in a week 🐈I expected 25-50% or so within a week when adding this, but less than a week later it really is almost at 200% gain lmao.. exceeded all expectations!
the only thing that concerns me is the ovebought RSI, other than that..long term downtrend broke/climbed back above trend support/resistance zones from way back and not many resistance levels in sight. 😜
also I did not realize how close I was to adding at 52w lows, my entry was .22 52w low was .21! BOTTOM SNIPA BABY !
MULN $ Alert Targetif we open the market above our current level of support 0.60$, and hold it , we going to have continuation for the pump till first profit taking around the 0.67$, then the 0.76$.
on the other hand if we broke the 0.60$ on the market open , then the short will drive the price till our strong level of support above the 0.53$, and holding above this level we confirm the strength of the bull, to retest the 0.60$ later today and going towards our 2 profit taking .