Watch the 0.50 area. MULN is in a bearish pattern. There should be a rejection at 0.50 +/-
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GreenDay : A pullback with healthy accumulation holding above .44-.45 is what we need to see.
AmyNic OP GreenDay : Its in a rising wedge. Its going to reject. I'm only warning of this. Charts don't lie. Its yelling us a rejection is coming. Rising wedges signal a rise to a reversal to the downside. Be careful.
AmyNic OP : *telling
Bubs1617 : Muln has been bullish since beginning of December 22’ if you look at the chart. Slowly but surely going back up.
AmyNic OP Bubs1617 : Its called a rising wedge which is bearish
AmyNic OP :
Greenback Stocks Bubs1617 : yup
Tiger C : You want us to sell it, right? You care about everyone's money
AmyNic OP Tiger C : All I'm saying is be prepared for a rejection around 0.50. People can listen or not. I don't care. The ones who are saying its bullish can't read charts. Its definitely not bullish as it is in a bearish pattern that increases within the wedge then reverses to the downside at the end of the wedge. It will trade up and down within the wedge until ultimately reversing.
AmyNic OP : Anyone who doesn't believe me can use a tool called Google lol ..Google rising wedge pattern.
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