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Based on the 15-minute chart of GE HealthCare, a significant trend reversal has been observed as the Moving Average Convergence Divergence (MACD) indicator has crossed below the signal line, indicating a death cross. Additionally, the Bollinger Bands are expanding downward, signaling a widening price range and increasing volatility. This technical analysis suggests that the stock price has a high probability of continuing its downward trend, driven by strong selling pressure. Market participants should be cautious and monitor the situation closely.
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