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Penske Automotive Group's 15-minute chart recently exhibited a significant downturn, triggering an RSI (Relative Strength Index) reading that indicates oversold conditions. Furthermore, the chart displayed a bullish Marubozu candlestick pattern on November 3, 2025, at 09:45. This suggests that the stock price has dropped precipitously, exceeding the fundamental support level. As a result, the buyers have taken control of the market, and it is likely that the bullish momentum will persist.
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