Locafy's 15min chart sees KDJ Golden Cross, bullish Marubozu pattern emerges.

Based on the 15-minute chart of Locafy, the KDJ indicator has recently formed a golden cross, accompanied by a bullish marubozu candle at 10:00 AM on October 21, 2025. This suggests that the momentum of the stock price is shifting towards an upward trend and has the potential to continue increasing. As the buyers maintain control of the market, it is likely that the bullish momentum will persist.

Based on the 15-minute chart of Locafy, a significant technical indicator has formed, suggesting a potential upward trend. On October 21, 2025, the KDJ indicator formed a golden cross, accompanied by a bullish marubozu candle at 10:00 AM. This pattern indicates a shift in momentum from bearish to bullish, as the short-term moving average crosses above the longer-term moving average Ericsson (ERIC) Now Trades Above Golden Cross: Time to Buy?^[1].

The golden cross is a widely recognized technical chart pattern that signals a bullish breakout is on the horizon. This crossover is formed when a stock's short-term moving average breaks above its longer-term moving average, typically involving the 50-day and 200-day moving averages Ericsson (ERIC) Now Trades Above Golden Cross: Time to Buy?^[1]. The appearance of a golden cross, especially when accompanied by a bullish marubozu candle, suggests that buyers have gained control of the market, potentially leading to sustained upward momentum.

For investors, this signal can be an opportunity to consider adding Locafy to their portfolios. The bullish marubozu candle, which is a candle with no upper or lower wick, indicates strong buying pressure and a potential continuation of the upward trend. As the buyers maintain control of the market, it is likely that the bullish momentum will persist.

While this technical indicator provides a promising outlook, it is important for investors to conduct thorough research and consider other fundamental factors before making investment decisions. Technical indicators like the golden cross can be useful tools for identifying trends, but they should not be the sole basis for investment decisions.

In conclusion, the recent golden cross and bullish marubozu candle on Locafy's 15-minute chart suggest a potential upward trend. This technical pattern, coupled with strong buying pressure, could indicate sustained upward momentum. However, investors should always consider a variety of factors and conduct their own research before making investment decisions.