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Based on the 15-minute chart of Pubmatic, technical indicators such as the Moving Average Convergence Divergence (MACD) and the Keltner's Directional Indicator (KDJ) have both triggered death crosses, while the candlestick pattern known as a bearish marubozu was observed on November 28th at 10:00. This suggests that the stock price has the potential to continue its downward trajectory, as the momentum of the stock price is shifting towards the downside and bears control the market. Furthermore, it is likely that this bearish momentum will persist, as the technical indicators indicate a continued downtrend.
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