Pangaea Logistics' 15min chart indicates Bollinger Bands Narrowing, Bearish Marubozu signal.

Pangaea Logistics's 15-minute chart recently exhibited a notable narrowing of Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern on February 5, 2023 at 14:45. This phenomenon suggests a decrease in the magnitude of stock price fluctuations, indicating that sellers are exerting control over the market. As such, it is likely that bearish momentum will continue to prevail.