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Manulife Financial's 15-minute chart has exhibited several technical indicators that suggest a potential reversal in the stock's upward momentum. Specifically, the Relative Strength Index (RSI) has reached an overbought level, indicating that the stock price has risen too rapidly and exceeds its fundamental support. Furthermore, the KDJ Death Cross, which occurs when the short-term moving average crosses below the long-term moving average, has been triggered, signaling a shift in the stock's momentum towards the downside. This suggests that the stock price has the potential to further decline in the near future.
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