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Elbit Systems' 15-minute chart has recently exhibited bearish technical indicators, including a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu pattern on November 3, 2023, at 12:15. This suggests that the stock price has the potential to continue declining, with momentum shifting towards the downside and a likelihood of further decreases. Sellers currently control the market, and it is likely that the bearish momentum will persist.
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