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PrimeEnergy's 15min chart triggers Bollinger Bands Narrowing, Bearish Marubozu pattern

AinvestWednesday, Apr 9, 2025 12:22 pm ET
1min read

According to the 15-minute chart of PrimeEnergy, the Bollinger Bands have narrowed, indicating a decrease in the magnitude of stock price fluctuations. Additionally, the presence of a bearish Marubozu candlestick pattern at 04/09/2025 12:15 suggests that the sellers are currently in control of the market, and it is likely that bearish momentum will continue.

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