What is the technical forecast for Mullen automotive stock price?

Stronger technical forecast for Mullen Automotive stock price after Monday trading. On Monday, 12th Dec 2022, the stock price of Mullen Automotive dropped -0.673% from $0.193 to $0.192. During the day, the stock fluctuated 6.26%, ranging from $0.190 to $0.202. Over the past 10 days, the stock has decreased in value by -0.67%.

Is Mullen automotive stock a zero-or-hero stock?

MULN stock is a zero-or-hero kind of stock. It’s been to $1 and much higher in the past, though. I expect Mullen Automotive to continue expanding its market footprint throughout the year, both domestically and globally. Consequently, I anticipate that the Mullen Automotive share price will hit $1 at some point this year.

Should you invest in Mullen automotive?

Mullen Automotive has raised doubts about the company’s ability to continue as a “going concern.” Therefore, it’s not wise to pour one’s entire investment account into shares of Mullen Automotive. On the other hand, a small stake with a high but reasonable price target could yield surprisingly good results.

What is the upcoming trading interval for Mullen automotive?

For the upcoming trading day on Tuesday, 13th we expect Mullen Automotive, Inc. to open at $0.195, and during the day (based on 14 day Average True Range), to move between $0.162 and $0.222, which gives a possible trading interval of +/-$0.0303 (+/-15.77%) up or down from last closing price.