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Ormat Technologies: Bollinger Bands Expand Downward, Bearish Marubozu in 15min Chart
ByAinvest
Tuesday, Nov 11, 2025 11:02 am ET1min read
According to the 15-minute chart for Ormat Technologies, the Bollinger Bands are currently expanding downward, indicative of a bearish trend. The presence of a bearish Marubozu candlestick at 11:00 on November 11, 2025 suggests that sellers are dominating the market and that bearish momentum is likely to persist. This indicates that the market trend is being driven by bearish forces, with sellers exerting control over the market.
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