71039556
OPLuckyLuke
:
I'm going off of the fact that they did another rate hike on this economy again. I was right about Amazon dropping to $89 today. Mullen will be a successful company but it's gonna be hard for the price to go up in this recession. The company itself is heading in the right direction. In 8 years you will be happy you held on to 50,000 shares of Mullen
UxFxO
:
no way it's dropping to .19, its got too much open short interest, that will attract day traders looking to make it squeeze. It's looking like a reversal to me, Double Bottom on the Friday chart, moving into consolidation. wait for confirmation with at least three solid green candles , support is at 0.267 , resistance is at 0.29. Look at the RSI, look at it bounce of the VWAP, look at the volume, look at the moving average. The chance of it going to .19 Tuesday are slim to none. It's gonna keep swinging between .26 and .33, and if the shorts have to cover we may get some nice scalp plays coming up next week.........This is not financial advice, just my technical analysis. This one's good for quick day trade potential in my oppinion, going on my watchlist for next week. Do your own due diligence.
LuckyLuke : very possible. If you don't mind me to ask you, which time frame you used to determine the Tuesday's .19 price?
HelloHellohellohello : I will buy too
71039556 OP LuckyLuke : I'm going off of the fact that they did another rate hike on this economy again. I was right about Amazon dropping to $89 today. Mullen will be a successful company but it's gonna be hard for the price to go up in this recession. The company itself is heading in the right direction. In 8 years you will be happy you held on to 50,000 shares of Mullen![100 💯](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f4af.png)
McBrew : Why not add more shares lol hehe
M1ke1229 71039556 OP : 8 years my ass..![rolling_on_the_floor_laughing 🤣](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f923.png)
![rolling_on_the_floor_laughing 🤣](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f923.png)
71039556 OP M1ke1229 : How do you see this company in 8 years?
71039556 OP McBrew : Yea, I am adding
UxFxO : no way it's dropping to .19, its got too much open short interest, that will attract day traders looking to make it squeeze. It's looking like a reversal to me, Double Bottom on the Friday chart, moving into consolidation. wait for confirmation with at least three solid green candles , support is at 0.267 , resistance is at 0.29. Look at the RSI, look at it bounce of the VWAP, look at the volume, look at the moving average. The chance of it going to .19 Tuesday are slim to none. It's gonna keep swinging between .26 and .33, and if the shorts have to cover we may get some nice scalp plays coming up next week.........This is not financial advice, just my technical analysis. This one's good for quick day trade potential in my oppinion, going on my watchlist for next week. Do your own due diligence.
71039556 OP UxFxO : I think I watch you on YouTube![100 💯](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f4af.png)