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Resolute Holdings's 15-minute chart has recently exhibited a narrowing of Bollinger Bands and a bearish Marubozu pattern, which suggests a decrease in the magnitude of stock price fluctuations and a continuation of bearish momentum. The narrowing of Bollinger Bands indicates that the stock price is becoming less volatile, while the bearish Marubozu pattern signifies a strong selling pressure in the market. As a result, it is likely that bearish momentum will persist in the near future.
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