Bloomberg Expert Identifies Overbought RSI and Bearish Marubozu on 15-Minute Chart

According to the 15-minute chart of B, the RSI indicator has reached an overbought level and a bearish Marubozu pattern was observed at 09:45 on September 29th. This suggests that the stock price has risen too quickly and exceeds the underlying fundamental support, indicating a high level of selling activity in the market. Consequently, it is likely that the bearish momentum will continue in the near term.