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Alvotech's 15-minute chart has recently triggered two significant technical indicators. Firstly, the Relative Strength Index (RSI) has reached an oversold level, suggesting that the stock price has dropped rapidly and is currently trading below its fundamental support level. Secondly, the KDJ indicator has formed a golden cross, which is a bullish signal that indicates a shift in momentum towards the upside. This suggests that the stock price has the potential to further increase in the near future.
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