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DNA Sciences' 15min chart triggers KDJ Golden Cross, bullish Marubozu formation.
ByAinvest
Monday, Oct 6, 2025 3:47 pm ET1min read
According to the 15-minute chart for DNA Sciences, the KDJ Golden Cross and Bullish Marubozu indicators triggered on October 6, 2025 at 15:45. This suggests that the momentum of the stock price is shifting in favor of an upward trend, with a potential for further gains. The presence of buyers in control of the market indicates that bullish momentum is likely to continue.
Foresight News reported that Nasdaq-listed biotechnology company Applied DNA Sciences announced a private investment in public equity (PIPE) financing of up to $58 million, led by Galaxy, Off The Chain, Silvermine, and Gaia Digital Assets. The company has already secured commitments totaling $27 million through the PIPE financing, including cash, stablecoins, and OBNB trust units. The exercise of future warrants could bring an additional $31 million in proceeds, bringing the total financing amount to a maximum of $58 million. The financing is expected to be completed by October 1.Additionally, Applied DNA Sciences has launched a BNB treasury-based strategy. This move is part of the company's broader effort to leverage blockchain technology to enhance its operations and financial management.
According to the 15-minute chart for DNA Sciences, the KDJ Golden Cross and Bullish Marubozu indicators triggered on October 6, 2025, at 15:45. This suggests that the momentum of the stock price is shifting in favor of an upward trend, with a potential for further gains. The presence of buyers in control of the market indicates that bullish momentum is likely to continue.
Reference List:
[1] https://www.bitget.com/news/detail/12560604994207
[2] https://economictimes.indiatimes.com/markets/stocks/news/hpcl-bpcl-among-5-stocks-showing-bullish-candlestick-pattern/bullish-signals/slideshow/124224718.cms?from=mdr
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