Clinuvel Pharmaceuticals

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Clinuvel Pharmaceuticals (CUV): Dark Cloud Cover short-term pattern has been confirmed

[BEARISH]: Clinuvel Pharmaceuticals has formed a new bearish Dark Cloud Cover reversal pattern. This means, CUV has been in a short term uptrend with a white candle which is followed by a strong gap up on open but closes in the lower half of the previous candle. This indicates after a very strong open the bears have taken control on the close and highlights a potential trend change in the downward direction.

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