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Based on the 15-minute chart of Lightwave Logic, there have been two significant technical indicators triggered. Firstly, the Moving Average Convergence Divergence (MACD) has formed a "death cross," which is a bearish signal that typically indicates a potential downward trend in the stock price. Additionally, the KDJ indicator has also triggered a "death cross," further reinforcing the likelihood of a continued decline in the stock price. The momentum of the stock price appears to be shifting towards the downside, and there is potential for further decreases in the stock price.
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