I really like their cars for some reason, especially the truck. Problem is the company is likely going bankrupt. So, if Canoo's management were smart they should have gotten in touch with Apple to say 'We've got a car for you. Stop futzing around trying to create your own and instead spend some petty cash to buy us!'.
The weekly buy divergence is very strong which is really its only attractive feature. Volume suggests it may be in accumulation but that also could mean 'by bag-holders'. The stock is an option without expiry - except if it declares bankruptcy, which seems very likely. Treat it as such.
The weekly buy divergence is very strong which is really its only attractive feature. Volume suggests it may be in accumulation but that also could mean 'by bag-holders'. The stock is an option without expiry - except if it declares bankruptcy, which seems very likely. Treat it as such.
Comment:
Sizable volume. Maybe if there's something happening there will also be pin action in MULN. Just sayin'.