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According to the 15-minute chart for Choice Hotels International, a technical indicator known as the KDJ Golden Cross was triggered on December 4, 2023 at 1:30 PM. This bullish signal suggests that the momentum of the stock price is shifting towards the upside and has the potential to further increase. The presence of a Bullish Marubozu candlestick pattern also supports this interpretation, indicating strong buying pressure and control of the market by buyers. As a result, bullish momentum is likely to continue.
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