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The 15-minute chart of Iridium Communications has recently triggered two significant technical indicators: the Relative Strength Index (RSI) has reached an overbought level, and the KDJ (KST Divergence J) indicator has formed a death cross. These indicators suggest that the stock price has risen too rapidly and is no longer supported by fundamental analysis, and that the momentum of the stock price is shifting towards the downside. Consequently, there is potential for further decreases in the stock price.
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