Concorde's 15min chart triggers RSI Overbought signal, Bearish Marubozu formation observed.

lunes, 20 de octubre de 2025, 11:31 am ET1 min de lectura
CIGL--

According to Concorde's 15-minute chart, the Relative Strength Index (RSI) has reached overbought levels and a bearish marubozu pattern has been observed on October 20, 2025 at 11:15. This indicates that the stock price has risen too quickly and surpassed its fundamental support, leading to a shift in market control to sellers. As a result, bearish momentum is likely to persist in the short term.

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