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According to Fortive's 15-minute chart, there are several significant indicators that suggest a potential upward trend in the stock's price. Firstly, the Relative Strength Index (RSI) has reached an oversold level, which indicates that the stock price has declined rapidly and may be undervalued compared to its fundamental value. Additionally, the KDJ Golden Cross, which is a momentum indicator, has crossed over to the upside, indicating a shift in momentum towards an upward trend. Therefore, there is potential for the stock price to increase further.
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