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According to Innoviva's 15-minute chart, the MACD Death Cross and KDJ Death Cross indicators, combined with the presence of a Bearish Marubozu at 12:15 on December 2, 2022, suggest that the stock price may be poised to decline further. This is supported by the fact that the momentum of the stock price has shifted downwards, and there is potential for further decrease. The sellers currently control the market, and there is a likelihood of continued bearish momentum.
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