Bloomberg Analyst: Independent's 15min Chart Triggers Bearish Marubozu, Narrowing Bands

The 15-minute chart for Independent's stock price has recently triggered a narrowing of the Bollinger Bands, accompanied by a bearish Marubozu at 02/06/2023 13:30. This indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are currently controlling the market. Furthermore, the continuation of this bearish momentum is likely.