Magic Software's 15min chart shows KDJ Golden Cross, Bullish Marubozu.
ByAinvest
Thursday, Feb 5, 2026 11:48 am ET1min read
MGIC--
Magic Software's 15-minute chart has recently exhibited a significant bullish signal, as the KDJ indicator has triggered a golden cross. This event, which occurred on February 5th at 11:45, indicates a shift in the momentum of the stock price towards an upward trajectory. The formation of a bullish marubozu candlestick pattern further supports this notion, suggesting that the stock has strong upward momentum and is likely to continue in an upward direction. The presence of a bullish momentum suggests that buyers are currently in control of the market, and it is likely that this trend will continue.
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