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According to Federated Hermes's 15-minute chart, a key technical indicator known as the KDJ Golden Cross has been triggered. This bullish signal, which occurred at 11:15 AM on November 5, 2023, 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 view, indicating that buyers are currently in control of the market and are likely to maintain their dominance. Overall, this technical analysis suggests that the bullish momentum is likely to continue.
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