RSI Overbought, Bollinger Bands Narrowing on Horizon Space II's 15min Chart

The 15-minute chart for Horizon Space II has recently exhibited signs of a possible overbought condition, as indicated by a reading on the Relative Strength Index (RSI). In addition, the Bollinger Bands, which measure the volatility of the stock's price movements, have narrowed significantly, suggesting that the magnitude of price fluctuations is decreasing. This suggests that the stock's price may be rising too rapidly and exceeding its fundamental support, potentially leading to a correction in the near future.