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Based on Itron's 15-minute chart, recent technical indicators have pointed to an uptrend in the stock's price movement. Specifically, the Bollinger Bands have expanded upward, indicating a widening range of price fluctuations. Furthermore, the KDJ indicator has crossed over from bearish to bullish, signaling a shift in momentum towards the upside. Additionally, the presence of a Bullish Marubozu candlestick pattern at the specified time further supports the notion of a strong bullish trend. As a result, it appears that buyers are driving the market trend and there is potential for further price increases. The bullish momentum is likely to persist as buyers continue to exert control over the market.
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