will Mullen automotive go up tomorrow ?

The deep research logic is organized as follows: 

Okay, let's tackle the user's question about whether Mullen Automotive (MULN) will go up tomorrow. First, I need to check all the provided references and background information to gather relevant data points.

Starting with the stock price and trading volume on 2025-07-21 (today), the closing price was $0.0775, and the trading volume was 73.12 million shares . The after-hours trading shows a slight drop to $0.08 with a volume of 4.6 million shares . The stock had a significant drop of 13.31% today, which is a bearish sign.

Looking at the upcoming events, there's a special shareholders' meeting scheduled for 2025-07-22 . The meeting includes several proposals related to stock issuance and a potential reverse stock split. These corporate actions can sometimes lead to volatility, but the specifics here don't immediately suggest a positive catalyst. The reverse split could be a positive if it helps the stock meet listing requirements, but it's speculative.

The company recently announced a rebranding to Bollinger Innovations with a new ticker BINI . This rebranding might attract attention, but the stock has already reacted with a drop after the announcement . The market's initial reaction was mixed, with shares dropping 5.7% in one report and rising 8.5% in another . However, the latest data shows a decline, indicating uncertainty.

The technical analysis from the references shows a bearish trend with a duration of 168 days . The continuation probability is only 15%, which is low. The support and resistance levels are between -0.34 and 1.18, with the current price swinging between narrow levels . The forecast suggests a swing trend with a hold advice, and the historical win rate is slightly above the market average . This doesn't indicate a strong upward momentum.

The company's recent moves include workforce reductions and cost-cutting, aiming for profitability . They're focusing on commercial EVs, which could be a growth area, but the market hasn't responded positively yet. The acceptance of crypto payments was a positive move , but the stock only had a short-term surge before dropping again.

Considering the user's profile, they're interested in penny stocks and speculative investments. MULN fits that category, but the recent data points to a bearish trend and mixed corporate news. The upcoming meeting might cause some volatility, but without clear positive catalysts, the outlook isn't favorable. The technical indicators don't support a short-term upward move, and the market reaction to recent news has been negative.

Putting it all together, the analysis suggests that MULN is unlikely to go up tomorrow. The bearish trend, mixed corporate news, and lack of positive catalysts outweigh any potential upside from the rebranding or crypto initiatives. The user should be cautious and consider the high risk involved in this speculative stock.

**Conclusion** 🚨
Based on the latest data and analysis, **Mullen Automotive (MULN)** is unlikely to rise tomorrow (2025-07-22). The stock faces significant bearish pressure, mixed corporate developments, and technical resistance, making a short-term upside move improbable.

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### 📊 **Key Analysis**
#### 1. **Current Market Conditions**
- **Price Action**: MULN closed at **$0.0775** on 2025-07-21, down **13.31%** from the previous day . After-hours trading showed no recovery, with the price stabilizing at **$0.08** .
- **Volume**: Trading volume surged to **73.12 million shares** (daily) and **4.6 million shares** (after-hours), indicating heightened volatility .

#### 2. **Upcoming Catalysts**
- **Special Shareholders’ Meeting**: A critical meeting is scheduled for 2025-07-22 to approve stock issuance and a potential **reverse stock split** . While this could stabilize the stock, the proposals (e.g., issuing shares above 19.99% ownership cap) may raise concerns about dilution.
- **Rebranding to Bollinger Innovations**: The company plans to adopt a new ticker symbol (BINI) and focus on Class 1-4 commercial EVs . However, the market has already priced in this news, with shares dropping **5.7%** post-announcement .

#### 3. **Technical Indicators**
| Metric | Data | Implication |
|----------------------------|----------------------------------------------------------------------|------------------------------------------------------------------------------|
| **Price Trend** | Bearish (168-day duration), 15% continuation probability | High likelihood of continued downward pressure. |
| **Support/Resistance** | Current price between narrow levels (-0.34 to 1.18) | No clear breakout signal; stock trapped in a swing trend. |
| **Historical Win Rate** | 53.57% vs. market average 53.51% | Slightly above-average performance, but no immediate upside catalyst. |

#### 4. **Risks & Concerns**
- **Operational Challenges**: MULN has cut 155 jobs and reduced expenses by $35M annually , but profitability remains elusive.
- **Competition**: The EV sector is saturated, with giants like General Motors (GM) and Tesla dominating . MULN’s niche in commercial EVs offers potential, but execution risks are high.

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### 📉 **Why MULN Might Not Rise**
1. **Bearish Momentum**: The stock has been in a bearish trend for **168 days** with a low continuation probability (15%) .
2. **Mixed Corporate News**: While the rebranding and crypto payment acceptance (announced in June 2025) were positive, the market reacted negatively, with shares dropping **13.31%** in the last session .
3. **High Risk of Dilution**: The upcoming shareholder meeting could lead to further stock issuance, potentially diluting existing shareholders .

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### 📈 **Potential Upside Triggers**
1. **Positive Vote on Reverse Split**: If the shareholders approve the reverse stock split, MULN could stabilize above the $0.10 level.
2. **Unexpected Sales Orders**: The company hinted at “meaningful sales orders” for its commercial EVs , but no concrete data has been released yet.

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### 📊 **Final Take**
MULN is a high-risk, speculative play with limited upside potential in the short term. The stock’s technical setup, mixed corporate news, and upcoming corporate actions suggest **caution** for traders. If you’re holding MULN, consider setting a tight stop-loss around **$0.07** to mitigate losses.