Belite Bio's 15-min chart triggers Bollinger Bands Narrowing, Bearish Marubozu formation.

Belite Bio's 15-minute chart has recently triggered a Bollinger Bands Narrowing and Bearish Marubozu pattern, which occurred on December 3rd at 15:00. This technical indicator suggests that the magnitude of stock price fluctuations has decreased, indicating that sellers have taken control of the market. Furthermore, this bearish momentum is likely to persist.