First off, let me say I'm a complete NOOB and mostly paper trading as I learn the ropes but, I'm putting in lots of time and would like your thoughts. I've been watching 
MULN for a while now and have a small position. Today I noticed that it appears to be in a descending triangle. From everything that I've read and seen online this does not bode well for the stock in the near term? I would like to hear from those who are more experienced than I at technical analysis. Is my read on this correct in the near term. The pattern is almost identical across all my time frames (39m,78m, & daily.)
Thanks in advance.
-Lost
MULN for a while now and have a small position. Today I noticed that it appears to be in a descending triangle. From everything that I've read and seen online this does not bode well for the stock in the near term? I would like to hear from those who are more experienced than I at technical analysis. Is my read on this correct in the near term. The pattern is almost identical across all my time frames (39m,78m, & daily.)Thanks in advance.
-Lost
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.