hi I'm new here 😁

Since Nio bottomed at 7.00 in June 2023, it has broken out of the Falling wedge 2, the MA200 and the Downtrend line 1. It rose and then fell but rebounded off the support zone of 10.21-10.49. The MA50 crossed over the MA100 and it went on a tear. It surged to near the resistance at 16.44 and Downtrend line 2. It got rejected there and then plunged.
It fell below the Uptrend line, but that doesn't mean that the trend is bearish as it is still supported at the support ...