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Based on the technical analysis of The Buckle's 15-minute chart, several indicators suggest a potential reversal in the stock's upward momentum. Specifically, the RSI (Relative Strength Index) has reached an overbought level, indicating that the stock price has risen too rapidly and is vulnerable to a correction. Furthermore, the KDJ (Korean Developed Index) has triggered a death cross, which is a bearish signal indicating a shift in momentum towards the downside. The appearance of a bearish marubozu candlestick at the specified time also suggests that sellers are currently in control of the market. Overall, these technical indicators suggest that the bearish momentum is likely to persist and the stock price may continue to decrease.
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