SHIBA ready to get long?SHIB is looking pretty good again. This time we have a nice bull-flag with strong volume to support the momentum upward. Not financial advice. DYOR
Mullenautomotive
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
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!
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
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.
$MULN Hourly Chart$MULN breaking down trendline on the hourly chart.
Levels of Resistance 41c, 44c, 47c, 50c, 60c
Levels of support 36c
$MULN Hourly Chart Bull Flag Pattern forming. Resistance levels 41c, 44c, 47c. Looking to hold 38c support. Short squeeze potential to 60c. Small cap EVs heavily shorted in 2022.
$MULN Hourly ChartHolding the 50 day MA on upward trend. 20 day about to cross over 50. MACD crossover.
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 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.
MULN entry opportunity?If you haven`t bought MULN here:
Then you should know that the retracement is almost completed, found support, and i think it can be longed once again.
My first price target is $3.70.
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?)
MULN the rally continuesIf you haven`t bought MULN at $0.68:
Then you should know that is heading yo the second resistance, $5.25.
We might see a small pullback at this point as well.
Looking forward to read your opinion about it.
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.
Mullen pullback to 2.86After a incredible breakthrough, we see mullen pullback below 3.00 and end up in the high 2.80's, stay tuned.
Mullen broken resistance of 3.00, pushing upwards.Insane, with an aftermarket that brought the vide down, we see an INCREDIBLE jump. This almost seems unreal. Mullen is off to the races, and there is no slowing down anytime soon. Keep holding everyone, this is a wild ride.
Mullen closing in on 2.50 safety areaA crazy day, and its not over yet, Mullen rising to a insane number, we are closing in on our safety area, 2.50. This is a big milestone, but dont sell yet! Tomorrow, we could hit our newest resistance, 3.00. Stay tuned everyone!
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.
Mullen success todayWell we called it folks and peeps, Mullen had another great day, a 0.150 ($.15) increase, our after hours are looking even better, currently sitting at a nice $.16 increase. Continue holding everyone, we are seeing an up trend.
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.
