Good Risk to Reward Ratio at current price
IMHO bottom is in
AVWAPs are getting tighter, sandwiched between em with potential to breakout
Potential to retest 200 EMA which is over 100% gain from current price
PT @ 200EMA or 5, STOP @ 1.8
Mulnstock
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.
Double Bottom in a Descending Triangle?Waiting for this move to play out?? I see both a double bottom and a descending triangle. 2.38 is holding very strong. Let’s see how this plays out. I’m still very bullish on MULN
MULN ready for a fall?First off, let me say I'm a complete NOOB and mostly paper trading as I learn the ropes but, I'm putting in lots of time and would like your thoughts. I've been watching MULN for a while now and have a small position. Today I noticed that it appears to be in a descending triangle. From everything that I've read and seen online this does not bode well for the stock in the near term? I would like to hear from those who are more experienced than I at technical analysis. Is my read on this correct in the near term. The pattern is almost identical across all my time frames (39m,78m, & daily.)
Thanks in advance.
-Lost
$MULN 2nd wave finished - 3rd wave price target $6.40MULN recently finished the 2nd wave with a clean ABC correction between .5 and .382 Fibonacci, now heading to my price target of $6.40
MULN $10 PTNASDAQ:MULN
Muln looks nice rn, in a classic ABC pattern finishing off wave 2. Once it breaks out of this wedge, it'll begin wave 3 to around $6 imo. Good luck and no this is not financial advice..
MULN Looking excellent for a long swingMuln showing great rejection at monthly support on D1 timeframe. D1 closed up weekly shows sideways. I personally see a great opportunity if you have patience for a ride up to the $18 area. 12 month chart looks GREAT!
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.
$MULN hold our support at 1.54$as we said on our last chart analysis, we need to hold above the 1.54$ support , to confirm the retest for the our resistant at 1.95$, which today we gaped above it and hold above the 2$, now the 2$ is our support , we about to test a massive resistant box , which we will see a bit of tourblance before the squeeze target around the 5$.
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tiny.one
MULN Holding an important support MULN stock have to hold above our current support 1.50$ and above our EMI in order to confirm the bullish momentum to test 2 RS target, the first signal to confirm the bullish momentum is closing 1h above 2$ as shown on the chart, when we hit both we will do an update for the next target .
muln buyreaching a resistance level after a long down trend . and a strong volume from the buyers shows a strong buying signal
$MULN squeeze target we need to hold our current support above the 1.50$ in order to see the price go to our target level at least for the coming weeks, around the 5$.
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tiny.one
MULN undervalued EV play on Support levelMULN, Mullen and ARRK, a Leading German Automotive Engineering Company, yesterday Announced a Partnership for Upcoming Mullen FIVE EV Crossover!
ARRK is a leading automotive engineering company, working with some of the most well-respected automotive manufacturers, such as BMW, VW brands and Mercedes-Benz.
ARRK will be supporting Mullen Automotive in Computer Aided Engineering (CAE), body in white, battery, closures, interior, chassis, thermal, and infotainment engineering.
52 Week Range 5.45 - 19.15
Market Cap 129.909Mil
Looks like a steal to me!
My price targets short to medium term are $9.5 and $13.2.
