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According to the technical analysis of TAO Synergies' 15-minute chart, the MACD indicator has crossed below the signal line, a phenomenon known as the MACD Death Cross, which suggests that the stock price may continue to decline. Furthermore, the Bollinger Bands have narrowed, indicating a decrease in the magnitude of stock price fluctuations. This convergence of technical indicators suggests that the stock price may experience further downward movement in the near future.
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