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Bloomberg Expert Identifies Overbought RSI and Bearish Marubozu on 15-Minute Chart
ByAinvest
Monday, Sep 29, 2025 1:48 pm ET1min read
According to the 15-minute chart of B, the RSI indicator has reached an overbought level and a bearish Marubozu pattern was observed at 09:45 on September 29th. This suggests that the stock price has risen too quickly and exceeds the underlying fundamental support, indicating a high level of selling activity in the market. Consequently, it is likely that the bearish momentum will continue in the near term.
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