I am reluctant to show any counts for $XPEV or $NIO right now until I see firm confirmation of a reversal because they have disappointed us over the last year with constant breakdowns, so for now, we are watching $XPEV for awareness of the sector.
It is moving well and in line with $NIO and above both its 50 and 200 MA on the 1hr chart
Next big test here will be the blue line at $13, as this was a support line in 2023 but was then lost at the start of 2024.
Getting back above this level is important for its reversal.
ALPHA RACING
2024-03-12 10:33:27 +0000 UTC