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Penguin Solutions: Bollinger Bands Narrowing, Bearish Marubozu on 15-Minute Chart
ByAinvest
Thursday, Dec 4, 2025 1:02 pm ET1min read
The 15-minute chart for Penguin Solutions recently exhibited a narrowing of Bollinger Bands, accompanied by a bearish Marubozu formation on December 4, 2025 at 1:00 PM. This suggests a diminution in the magnitude of stock price fluctuations, indicating that sellers are currently in control of the market. Given this bearish momentum, it is likely that the bearish trend will continue.
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