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As per the 15-minute chart for Avalonbay, a significant technical indicator, the KDJ Golden Cross, has been triggered on December 4, 2022, at 1:00 PM. This bullish signal indicates a shift in momentum towards an upward trend, suggesting that the stock price may continue to rise. Furthermore, the presence of a Bullish Marubozu, characterized by a long white candle with no lower shadow, reinforces the notion that buyers are in control of the market, leading to a continuation of the bullish momentum.
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