Despite the recent positive news surrounding Greenland Technologies, especially the increase in net income and the company's strong Q3 earnings performance, the stock chart paints a different picture. Over the last 24 hours, Greenland Technologies' stock (GTEC) has shown a bearish trend with a significant decrease in price from the 5-min interval high of 2.26 to the closing price of 1.995. This downtrend is further emphasized by the decreasing volume over the same period, indicating a lack of strong buying interest to support the price. Additionally, the Relative Strength Index (RSI) is nearing oversold levels, suggesting that the stock may be due for a potential rebound in the near future. However, it is essential to keep an eye on key support levels, particularly around 1.97, to determine if the stock can find enough momentum to reverse the current bearish trend. The news sentiment seems to be positive overall for Greenland Technologies, but this has yet to translate into sustained price gains. Traders and investors should proceed with caution and closely monitor price action for any signs of a reversal in the bearish trend.