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Ingevity's 15-minute chart has exhibited a significant technical indicator, namely the KDJ Golden Cross, which occurred on December 3rd at 13:00. This event signifies a shift in the momentum of the stock price towards a bullish direction, potentially leading to further increases in value. The presence of a Bullish Marubozu pattern further reinforces this notion. As buyers continue to assert control over the market, the likelihood of sustained bullish momentum is high.
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