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Mesoblast's 15-minute chart has recently exhibited a narrowing of Bollinger Bands and a bearish Marubozu candlestick pattern on December 4, 2022 at 3:00 PM. This indicates a reduction in the magnitude of stock price fluctuations, suggesting that sellers are dominating the market. Consequently, there is a high likelihood that bearish momentum will persist in the short-term.
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