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Concorde's 15min chart triggers RSI Overbought signal, Bearish Marubozu formation observed.
ByAinvest
Monday, Oct 20, 2025 11:31 am ET1min read
According to Concorde's 15-minute chart, the Relative Strength Index (RSI) has reached overbought levels and a bearish marubozu pattern has been observed on October 20, 2025 at 11:15. This indicates that the stock price has risen too quickly and surpassed its fundamental support, leading to a shift in market control to sellers. As a result, bearish momentum is likely to persist in the short term.
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