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Based on the 15-minute chart of AMCON Distributing, the MACD indicator has recently triggered a "death cross," indicating a potential downturn in the stock's performance. Additionally, the RSI indicator is currently overbought, suggesting that the stock price has risen too rapidly and may be due for a correction. Furthermore, the Bollinger Bands on the chart have narrowed, which can indicate a decrease in the magnitude of price fluctuations. Overall, these technical indicators suggest that the stock price may continue to fall, as it has risen beyond its fundamental support level.
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