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The 15-minute chart of Chagee Holdings has recently triggered a KDJ Death Cross and a Bearish Marubozu pattern, which indicates a significant shift in the momentum of the stock price towards the downside. This suggests that the stock has the potential to further decline in value, as sellers have taken control of the market. Furthermore, the bearish momentum is likely to persist, as the technical indicators point towards a continuation of the downward trend.
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