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According to the 15-minute chart of Argenx, the Bollinger Bands have recently narrowed, indicating a decrease in the magnitude of stock price fluctuations. Additionally, the KDJ indicator has formed a death cross, which signals a shift in momentum towards the downside and potentially further decreases in the stock price. The bearish Marubozu candlestick pattern at 14:45 on November 4, 2022, suggests that sellers currently control the market and that bearish momentum is likely to continue.
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