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Based on the technical analysis of Perdoceo Education's 15-minute chart, the Moving Average Convergence Divergence (MACD) indicator has crossed below its signal line, indicating a bearish momentum. Additionally, the KDJ indicator has also crossed below its signal line, further reinforcing the bearish trend. Furthermore, the chart has exhibited a bearish Marubozu candlestick pattern, which suggests a strong bearish momentum. Overall, these technical indicators suggest that the stock price has the potential to continue falling, with sellers dominating the market and bearish momentum likely to persist.
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