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Covenant Logistics: Bollinger Bands Narrowing, Bearish Marubozu Signal on 15min Chart
ByAinvest
Wednesday, Dec 3, 2025 2:47 pm ET1min read
Covenant Logistics's 15-minute chart has exhibited a narrowing of Bollinger Bands, accompanied by a bearish Marubozu at 12/03/2025 14:45. This indicates a reduction in the magnitude of stock price fluctuations, suggesting that sellers currently dominate the market. Consequently, it is likely that bearish momentum will persist in the near term.
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