LATAM Airlines: 15-Min Chart Indicates Overbought RSI, Bearish Marubozu Pattern

LATAM Airlines's 15-minute chart has triggered a bearish signal, as the Relative Strength Index (RSI) has reached an overbought level and the price action has exhibited a bearish Marubozu pattern on April 12, 2023 at 09:45. This indicates that the stock price has risen excessively and is no longer supported by fundamental factors, leading to a shift in market control to sellers. Consequently, a continuation of the bearish momentum is likely.