First Merchants: KDJ Golden Cross Triggers Bullish Marubozu on 15min Chart

According to the 15-minute chart analysis of First Merchants, the KDJ Golden Cross and Bullish Marubozu pattern observed on November 11, 2022 at 14:45 indicates a shift in momentum towards a positive direction. This suggests that the stock price has the potential to further increase, as buyers are currently in control of the market. The bullish momentum is likely to persist, based on the current trend.