May. 27 at 1:58 PM
$NIO Bears had control for weeks… not anymore 👀
Clean descending trendline getting challenged, higher lows forming, MACD curling bullish, momentum building.
Break and hold above
$5.40 and this could squeeze fast toward
$5.80 →
$6.00+, then bigger test near
$6.58.
EV sentiment has been dead, which is exactly why reversals hit hardest when volume returns. NIO’s recent Q1 showed big revenue/delivery growth, so now it’s about whether price confirms the turnaround.
$XPEV $LI $TSLA $BYDDF
#EV #ChinaStocks #Breakout #Momentum #SwingTrade #Bullish #ShortSqueeze #TechnicalAnalysis