All the reverse splits and now the recent purchase of Romeo power, markets.businessinsider.com
Me thinks price will go higher indicator shows a target of a dolla twenty !; and added to the descending/falling wedge it is likely for Muln to go up, if i am reading the chart intuitively.
/cheers!
"I like the stock!"
after the short attach on Muln that opened after we broke our ascending line at the 16th of feb, we went down to test our support above the 0.25$, which we broke it now, we need to hold above our current box between (0.18$/0.20$), in order to have a reversal and then test our current resistant below the 0.25$, which will give us the first signal for several and...
we have an important support to get a reversal from which is the 0.25$, if we held it, we going to have first a test for the current resistant at 0.30$, then we will test 2 profit taking at 0.33$, and then the 0.40$, which will mark another bullish momentum towards the 1$.
on the other hand if we didn't hold that support the 0.25$+, is means we going to test our...
we have critical support to hold above 0.3980$, when the market open, cause if we hold it , we going to have another test and break for the 0.44$ current resistant , and go towards our 3 profit taking , if we broke it, we will see huge selling pressure to take us to reversal area, above the (0.33$/0.34$)area.
let's hunt .
we have a critical box to hold between the 0.29$ and 0.30$, which will confirm either the bullish continuation if we hold above it, towards the 0.35$ squeeze level , or a selling pressure towards the 0.26$ support level.
I noted the daily gap but to my surprise we have all these intraday gaps below (from halted trading I assume). Watch for direction and maybe trade based on volume. What a wild ride. I'm questioning the tiny long that I took here. I will put orders at $.2 for later in case they fill. Not financial advice, DYOR.
