Radware's 15min chart triggered Bollinger Bands Expanding Downward, Bearish Marubozu Formation

Radware's 15-minute chart has exhibited a notable trend, as evidenced by the expansion of Bollinger Bands downward. Furthermore, a bearish Marubozu was observed on November 4, 2022 at 12:15. This suggests that the market trend is being driven by selling pressure, with sellers exerting control over market dynamics. Consequently, bearish momentum is likely to persist in the near term.