Eastern's 15-minute chart triggers KDJ Golden Cross, Bullish Marubozu formation.

The 15-minute chart for The Eastern has recently triggered a KDJ Golden Cross and Bullish Marubozu pattern, which indicates that the momentum of the stock price is shifting towards an upward trajectory. This suggests that the stock has strong potential for further growth, as buyers continue to dominate the market and bullish momentum is likely to persist.

The 15-minute chart for The Eastern has recently triggered a KDJ Golden Cross and Bullish Marubozu pattern, indicating a significant shift in the stock's momentum. This technical signal suggests that the stock price is likely to move in an upward trajectory, as buyers continue to dominate the market.

A KDJ Golden Cross occurs when the stock's short-term moving average crosses above its long-term moving average, signifying a potential bullish breakout. This is similar to the "golden cross" pattern observed in BlackBerry Limited (BB) Should You Buy BlackBerry (BB) After Golden Cross?^[1], where a 50-day moving average crossed above a 200-day moving average. In both cases, the crossover suggests a reversal in the stock's trend from a downtrend to an uptrend.

The Bullish Marubozu pattern is characterized by a long white candlestick with no wicks, indicating strong buying pressure and a significant move higher. This pattern often signals a continuation of the current trend, which in this case, is an upward movement.

Given these technical indicators, investors may want to keep a close eye on The Eastern for potential gains in the near future. The stock's positive momentum, as indicated by the KDJ Golden Cross and Bullish Marubozu pattern, suggests that buyers are likely to continue driving the stock price higher.

Should You Buy BlackBerry (BB) After Golden Cross?^[1] https://www.nasdaq.com/articles/should-you-buy-blackberry-bb-after-golden-cross