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Based on the 15-minute chart analysis provided by Perella Weinberg, the Relative Strength Index (RSI) has reached overbought levels, and a bearish Marubozu pattern emerged on December 3, 2023, at 10:30. This suggests that the stock price has risen excessively and outpaced its fundamental value, indicating that sellers are dominating the market. As a result, it is likely that bearish momentum will persist.
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