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Mulnstock

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
NASDAQ:MULNLong
by DGSTBROKERACC
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 .
NASDAQ:MULNLong
by TRADING-JESUS
3
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 $2.95. Looking forward to read your opinion about it.
NASDAQ:MULNLong
by TopgOptions
9
MULN Bullish Run If...yesterday we tested our resistant at 1.55$ and got rejected, now the premarket testing again this resistant, the one signal for the price going again around the 2$, is breaking the 1.55$, and holding/ consolidating above , which will confirm the bullish momentum to take us to test first around the 1.90$ then the 2.16$, where we going to see another squeeze foe the price if we broke it . if we opened the market and didn't clear this resist at 1.55$ , we might see the price going back to test the support above the 1.25$, and we need to hold above this support to confirm the bullish momentum, and not having a sell off.
NASDAQ:MULNLong
by TRADING-JESUS