VW is close to breaking out of multiyear downtrend channel, but its also close to staying in it. The dotted line is the multiyear the classic line is current short trend, that needs to keep going up. If it breaks out down its over. On a smaller timeframes it looks promising in bouncing up in the short trend.
Bearish overall. Bounce of the top line and RSI is toppish. BONK will go down.