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According to Metallus's 15-minute chart, the following technical indicators have been triggered: 1. RSI Oversold: This indicates that the stock price has dropped significantly, resulting in an oversold condition, where the relative strength index has fallen below 30. This suggests that the stock price has declined rapidly and is likely to rebound. 2. KDJ Golden Cross: This indicator signals a bullish trend, as the moving average of the KDJ (KST-Divergence Index) has crossed above the price line, indicating a shift in momentum towards the upside. 3. Bullish Marubozu: This candlestick pattern is a bullish signal, as it indicates a strong buying interest in the stock, resulting in a completely white candle with no wicks, suggesting that buyers have control of the market. Based on these technical indicators, it is likely that the stock price will continue to rise, as the momentum has shifted in favor of the buyers. The stock price has dropped rapidly, but the oversold condition suggests that it is due for a rebound. Therefore, it is advisable to buy the stock at this point, as the bullish momentum is likely to continue.
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