Mullen
Would you buy this?With a Market Cap of only $63.717 Mil, Mullen Automotive seems ridiculously cheap at the price of $0.26 per share.
But what I have learned over time is that penny stocks are often priced low for a reason: because they deserve it! And usually, it is the management team's fault.
Will it be able to make a solid pump or a short squeeze before another share dilution or a reverse stock split?
Looking forward to read your opinion about it!
MULN 600 Mullen Class 2 EV cargo order from AMAZON partner !If you haven`t bought MULN here:
then you should know about the order for up to 600 Mullen Class 2 EV cargo vans over the next 18 months from DelPack Logistics.
DelPack Logistics an Amazon Delivery Services Partner.
“This agreement is a milestone for Mullen Automotive,” said David Michery, CEO and chairman of Mullen Automotive.
Mullen doesn`t have too much cash, so i expect a share dilution soon. Until then i hope the price will reach $2.95.
Looking forward to read your opinion about it.
Mullen may climb again NASDAQ:MULN Mullen has the potential in my opinion to have another decent run in the upcoming month. It will need either spectacular earnings on the 16th or finally realize the name of the Fortune 500 company partnership, if we get a combo of both…. BOOM
Just my opinion though
MULN retracement complete If you haven`t bought the dip on MULN:
Then you should know that the retracement seems to be complete and the stock is ready for another leg up.
You will need to wait for the reversal candle formation, or at least a doji, though.
My next price target is $5.25.
Looking forward to read your opinion about it.
Muln possible 3.00 break?+ Buy indication at 3.00?This is insane. After seeing a few bad days, Mullen's off to the races ONCE AGAIN. What does it mean though? What happens at 3.00? Do we buy and keep it up, or cash in, let it drop and buy back in lower? Stay tuned folks, were in for a bumpy (but profiting) ride.
P.S. Thanks to @markusd1984 for supporting me through this whole thing and being my first follower, your the man, man!
Crappy days+ Top author!Before we start, I would like to brag about becoming a TOP AUTHOR! You can check by going to the ideas tab and typing in MULN, switch to All time authors, and you'll see me! Anyway let's get into it, we've seen some bad days the past few, well, days, and it's not good, but stay calm folks, I have an explanation. The price went Sky-High a few days ago, and now people are selling out. Once the sell outs are finished and the price drops, (insert sound effect here) the price goes up again. will it break $5 by then end of this week? Unlikely, but by the end of April, it could AVERAGE that. stay tuned and stay calmed. (Is that a word? Calmed?)
Whats next for MULN?Interesting developments, after drawing up a new and improved chart, we see the three main resistance lines and our current support. With mullen hitting an excellent total of 4.16 on March 22nd, 2022 (and then a rebound down to 2.86) this stock ceases to amaze. The question is, What's next? We really haven't seen anything new as far as news about the business goes, so what can we expect? We've already predicted more than 15.00 by the start of next year (2023), and we see this stock is a very active and volatile, so what is it? Do we load up and play the waiting game, or ride the waves and make profits on peaks and then load up again when it dips? Let me know your plan.
P.S. this does not constitute financial advice, this is solely my opnion.
2.00 resistance line broken, Pushing on safety to new resistanceOutstanding today, MULN has hit and broken the 2.00 resistance line and is now pushing into the safety area (2.30-2.70) while advancing towards our next resistance line. What does this mean you may ask> It means dont sell, let it go up, you don't need a cash out. Refer to my Other chart down below.
The issue with MullenHere is the issue with MULN. Patience. Not enough people are patient enough to buy shares and let them sit, because of the high volatility. We will see good days like 50%+ and bad days like 30%-, but until people realize we can just buy and hold, and when they realease a car, it will go up, buy what you can on a downward day, this stock is going to be good. We just need that 8 letter word. Patience.
Mullen stock expectationsMullen has been hot stuff lately. Their stock has been taking off and they haven't even shipped a car. Their stock (as of March 14th, 2022) is at 1.770. Overrall this week and last week, their price has gone up by more than 50%, and went up 31.11% today (14th of March.) Why does this matter you may ask? Let me elaborate. You know Rivian? Yeah, the one Amazon has tons of money in? They are going through some lawsuits, but still maintain a average price of $36.00. Mullen has no lawsuits, a good board of directors, and popularity. When they start shipping cars, they should be at a VERY high price. Why wouldn't they? The cars they are selling sound and look good, but are also cheaper. When they start shipping cars, we could see them hit $40, maybe even $50. Plan on mullen being a stock you pour money into, because if they hit this price and you have a lot of money into it, you could be what people are calling a "Mullenaire". Want to look at the chart to see more? Ticker symbol is: MULN. Have a good day, and happy investing.
MULN 600+ miles Solid-State Polymer Battery PackIf you haven`t bought MULN here, at $0.68:
www.tradingview.com
They you should know that Mullen Automotive MULN conducted successful testing of its Solid-State Polymer Battery Pack.
David Michery, CEO: "we tested our 300 Ah (ampere hour) cell which yielded 343 Ah at 4.3 volts, and the results surpassed all expectations. We can say with almost certainty that this technology, once implemented on the Mullen FIVE, will deliver over 600 miles of range on a full charge. The future is bright for Mullen Automotive.”
Isn`t this the longest range in the industry?
With more than $140Mil in volume per day recently, i think MULN can be the next AMC or GME.
My price target is now $13!
MULN most undervalued EV producer ???Mullen Automotive went public on Nov. 5, 2021
MULN, Mullen Automotive, is an emerging electric vehicle manufacturer that was recognized by HotCars to be a gamechanger in the EV market. Mullen FIVE was ranked #2 among the publication’s annual “10 EV Startups to Watch Out For” in 2022.
On track to deliver the first EV cargo van fleet vehicles in Q2.
Mullen FIVE High-performance versions to arrive in late summer 2022.
Owns Tunica’s AMEC manufacturing facility with no associated debt or financial obligations .
Mullen FIVE won the best Zero Emission Vehicle SUV Award at the 2021 Los Angeles International Auto Show beating Lincoln and Rivian.
Mullen FIVE Scores Well Against Tesla Model Y and Ford Mach-E in Consumer EV Study.
120 patents in 24 countries.
I the chart i see increasing volume and a strong potential bounce from the oversold level!
Market cap of only $24 Million
I consider this a premium call with high upside potential for this year!