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According to the 15-minute chart of Onto Innovation, a MACD Death Cross and KDJ Death Cross have occurred, accompanied by a Bearish Marubozu candle at 09:45 on December 26, 2022. This technical analysis indicates that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may further decrease. Sellers are currently controlling the market, and there is a strong likelihood that this bearish momentum will persist.
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