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The 15-minute chart for NVE has exhibited characteristics consistent with a downward trend, as indicated by the expansion of Bollinger Bands and the presence of a bearish Marubozu candlestick pattern at 11:00 AM on November 12, 2025. This suggests that market momentum is being driven by selling pressure, with bears exerting control over market dynamics. As a result, it is likely that bearish momentum will persist in the near term.
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