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According to Lindsay's 15-minute chart, there have been indications of an overbought condition in the stock market, as evidenced by the RSI (Relative Strength Index) reaching overbought levels. Additionally, the chart shows a bearish Marubozu pattern at 12/01/2025 12:30, which suggests that the stock price has risen too rapidly and is not supported by fundamental analysis. This implies that sellers are in control of the market, and there is a high likelihood that the bearish momentum will continue.
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