WRD – Strong Breakout on Global AV News + Accumulation Setup
WeRide jumped over 10% after securing Belgium’s first Level 4 AV permit, expanding its footprint to 7 countries. The Robobus pilot kicks off mid-Nov, potentially leading to live shuttle operations.
Technicals confirm the move: heavy volume breakout, strong accumulation, and a large multi-month base forming above $10. If this holds, targeting $15-16 by year-end.
Still early-stage with high risk, but the setup looks strong as both news and volume align.
WeRide jumped over 10% after securing Belgium’s first Level 4 AV permit, expanding its footprint to 7 countries. The Robobus pilot kicks off mid-Nov, potentially leading to live shuttle operations.
Technicals confirm the move: heavy volume breakout, strong accumulation, and a large multi-month base forming above $10. If this holds, targeting $15-16 by year-end.
Still early-stage with high risk, but the setup looks strong as both news and volume align.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.