Bloomberg: Mechanics' 15min chart shows Bollinger Bands expanding downward, bearish Marubozu signal
ByAinvest
Tuesday, Feb 3, 2026 12:34 pm ET1min read
MCHB--
According to the 15-minute chart for Mechanics, the Bollinger Bands are expanding downward, and there was a bearish Marubozu candlestick pattern observed at 02/03/2026 12:30. This indicates that the market trend is currently being driven by sellers, who are exerting control over the market, and it is likely that bearish momentum will continue.
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