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Based on Instil Bio's 15-minute chart, a significant technical indicator, the KDJ Golden Cross, was triggered on December 5th, 2022 at 13:15. This bullish signal suggests that the momentum of the stock price is shifting towards an upward trend, with a potential for further growth. The presence of a Bullish Marubozu candlestick pattern reinforces this positive outlook, indicating that buyers are in control of the market and driving prices higher. Consequently, there is a strong likelihood that the bullish momentum will continue, making this a promising investment opportunity.
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