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Preformed Line's 15-minute chart has triggered a significant technical indicator, namely the MACD Death Cross, which occurred on December 5, 2025 at 16:00. Furthermore, the chart also exhibited a Bearish Marubozu, which is a type of candlestick pattern that suggests a continuation of bearish momentum. This suggests that the stock price may experience further declines, as sellers currently control the market. Consequently, it is likely that the bearish momentum will persist.
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