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According to the 15-minute chart for Backblaze, a bearish technical indicator has been triggered. Specifically, the KDJ Death Cross and Bearish Marubozu at 11/19/2025 13:30 indicate a shift in momentum towards the downside, suggesting a potential further decline in the stock price. The data suggests that sellers are currently in control of the market, and this bearish momentum is likely to persist.
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