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The 15-minute chart for CTS has triggered a bearish signal, as indicated by the RSI (Relative Strength Index) entering an overbought territory and a bearish Marubozu candlestick pattern at 12:30 PM on March 3, 2023. This suggests that the stock price has experienced a rapid ascent that may not be supported by fundamental factors, and that sellers are currently in control of the market. As a result, there is a high likelihood that bearish momentum will persist in the near term.
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