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The 15-minute chart for Clorox has recently displayed a significant bullish signal, as the Moving Average Convergence Divergence (MACD) indicator has crossed over from negative to positive, also known as a Golden Cross. This trend is further reinforced by the Bollinger Bands expanding upward, a sign of increasing volatility and a strong upward momentum in the stock price. As such, the market trend is currently being driven by buyers, suggesting that the stock has the potential to continue rising in the near future.
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