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LATAM Airlines's 15-minute chart has triggered a bearish signal, as the Relative Strength Index (RSI) has reached an overbought level and the price action has exhibited a bearish Marubozu pattern on April 12, 2023 at 09:45. This indicates that the stock price has risen excessively and is no longer supported by fundamental factors, leading to a shift in market control to sellers. Consequently, a continuation of the bearish momentum is likely.
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