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MGE Energy's 15min chart triggers Bollinger Bands expanding downward, bearish marubozu signal.
ByAinvest
Thursday, Dec 4, 2025 1:18 pm ET1min read
MGE Energy's 15-minute chart is exhibiting a notable trend, as the Bollinger Bands are expanding downward, accompanied by a bearish Marubozu formation on December 4, 2025, at 13:15. This indicates that the market is being driven by a strong selling pressure, with sellers exerting significant influence on the market's trajectory. Consequently, there is a high likelihood that the bearish momentum will persist in the near term.
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