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Antikythera_Mechanism

MULN Harmonics: Bearish-Bat Pattern

Short
Mullen Automotive, Inc. (NASDAQ:MULN)  
Antikythera_Mechanism Updated   
NASDAQ:MULN   Mullen Automotive, Inc.
Harmonic Patterns
14
32
harmonicpatterns
Here we have a bearish-bat pattern with two possible reversal zones. The second reversal zone is in the case that the bat pattern becomes an alternate-bat pattern. However, I am 95% confident that this pattern will reverse exactly at the first PRZ. Therefore, I suggest buying puts and riding them down like a rented mule to the 0.382 and 0.618 retracements. Once the PRZ has been achieved, I will measure for a new pattern to get an exact read on the retracement depth but for now this is our current situation. Good luck, trade safely, and let's make that money!
Comment:
Here is the bullish-bat pattern that I suspect will form. To be safe, you may exit the short early since the pattern may actually end about a 50 cents higher, from my measurements.
snapshot
Comment:
Never mind the first update, I messed it up. Here is the accurate chart for the downtrend. The first update would have the area that price will go, if the harmonic morphs into an alternate bat pattern which I highly doubt. Final update:
snapshot
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