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Bollinger Bands Downward Expansion on Contango ORE's 15min Chart, Bearish Marubozu Detected
ByAinvest
Wednesday, Dec 24, 2025 10:49 am ET1min read
Based on the 15-minute chart of Contango ORE, the Bollinger Bands are currently expanding downward and have triggered a bearish Marubozu formation at 12:45 on December 24, 2022. This suggests that the market trend is being driven by selling pressure, indicating that sellers have control of the market and bearish momentum is likely to persist.
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