IBEX 15-min chart triggers KDJ Golden Cross, bullish Marubozu pattern.

The 15-minute chart of IBEX has recently exhibited a significant bullish trend, as evidenced by the occurrence of a KDJ Golden Cross and a Bullish Marubozu at 09:00 on April 4, 2025. This development indicates a shift in momentum towards the upside, suggesting that the stock price has the potential to continue its upward trajectory. Given the control of the buyers in the market, it is likely that bullish momentum will persist.

The 15-minute chart of IBEX has recently exhibited a significant bullish trend, as evidenced by the occurrence of a KDJ Golden Cross and a Bullish Marubozu at 09:00 on April 4, 2025. This development indicates a shift in momentum towards the upside, suggesting that the stock price has the potential to continue its upward trajectory. Given the control of the buyers in the market, it is likely that bullish momentum will persist.

The KDJ Golden Cross, where the K-line crosses above the D-line, is a strong bullish signal, indicating a potential reversal in the stock's trend. Additionally, the appearance of a Bullish Marubozu on the 15-minute chart at 09:00 further supports the bullish outlook. A Bullish Marubozu is characterized by a single candle with no lower wick and a long upper wick, suggesting that buyers are dominant in the market.

The narrowing of Bollinger Bands, which measure the standard deviation of price movements, indicates a reduction in volatility. This can sometimes precede a significant price move, either up or down. However, the current context suggests a bullish trend, as the KDJ Golden Cross reinforces this signal.

Investors should closely monitor the stock price trend, as these indicators suggest potential further upward momentum. The current market volatility poses challenges, but strategic initiatives by the company could help stabilize profitability in the long run.

References:
[1] https://www.ainvest.com/news/ibex-15min-chart-triggers-bollinger-bands-narrowing-kdj-death-cross-2508/