Phibro Animal Health: Bollinger Bands expanding downward, bearish marubozu on 15min chart.

Phibro Animal Health's 15-minute chart has exhibited a notable trend, characterized by Bollinger Bands Expanding Downward and a Bearish Marubozu pattern observed on December 5, 2022, at 09:45. This market development indicates that sellers are presently driving the trend, exercising control over the market, and suggests that bearish momentum is likely to persist.