I think we might have enough for a 15% move up regardless of bearishness. We are a bit oversold with momentum swinging to the buyer side.
MULN is a nine-penny stock that is high volatile with a wide ATR. On the 15-minute chart, price is currently sitting above the support zone shown by the Luxalgo indicator. Upside to the resistance zone is nearly 40% which this stock can do in 1-2 days. Just in the past two days MULN formed a double top at 12 cents near to the VQAP + 2 then tended...
NKLA is trying to make an all time low. Fundamentally, the last earnings were okay. Some members of the board are retiring soon. Technically, the relative selling volume is much higher than the moving 50 day average. The zero lag MACD shows no bullish divergence suggesting that that there is no impending reversal. The indicators K/D lines have not...
we need to hold the current support and break 0.18$ in order to confirm a reversal and starting squeeze for the price .
$MULN should bounce from the bottom trendline RSI extremely oversold
HOLD Wait For the right Signal to go long Based on technical analysis ONLY, the idea is to hold and go long for a short term investment only if the Support 1 will be broken UPWARDS. Possible target price 0.35 USD
rising cycle 74.02% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240...
we have to break our current resistant around the 0.47$ 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 .
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$, in order to confirm the strength of the bull and breaking that resiatnt the next time we test it .
we about to break this flag around the 0.3150$, if we did we gain to have 3 profit taking .
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-$5 run is possible. #gammasqueeze #stocks #pennystocks
DESCRIPTION: In the chart above I have provided a semi-macro analysis of MULN a penny stock that has seen a continuous drop since IPO after hitting record highs of roughly 1200 points but now down to penny stock territory. POINTS: 1. Deviation of 0.2000 justifies SUPLY & DEMAND POCKET PLACEMENT. 2. Symmetrical Triangle Formation 3. ONE LAST TEST OF 0.3200 CAN...
As noticed on the chart Anti nen star pattern complete and targets are shown RSI Divergence and High volume last 3 month all are positive signals for med term long
Looks like we are on track for a nice run up on MULN.
It looks like we are at the bottom of the wedge. We would need to see news on the production o the vehicle for this stock to begin its breakout out of this wedge pattern,
we have an important support to get a reversal from which is the 0.25$, 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$+, is means we going to test our...
we have critical support to hold above 0.3980$, 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 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...