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Based on the 15-minute chart of Boot Barn, the MACD has recently crossed below its signal line, indicating a bearish trend. Additionally, the KDJ indicator has also crossed below its signal line, further supporting this bearish sentiment. Furthermore, the appearance of a Bearish Marubozu candlestick pattern at 12:45 PM on December 2, 2025, suggests that the bears are in control of the market. These indicators collectively suggest that the stock price has the potential to continue falling and may experience further decreases in the coming days. Overall, the momentum of the stock price appears to be shifting towards the downside, and investors may want to exercise caution when considering purchases.
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