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According to the 15-minute chart, the Moving Average Convergence Divergence (MACD) and the KDJ indicators have both crossed into bearish territory, while the candlestick pattern known as a Bearish Marubozu was observed on January 22nd at 14:15. These technical indicators suggest that the stock price may continue to decline, with a momentum shift towards the downside and potential further decreases. Furthermore, the presence of sellers dominating the market suggests that bearish momentum is likely to persist.
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