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Ovintiv's 15-minute chart has recently exhibited a notable technical indicator, specifically a KDJ Golden Cross, which occurred on October 27th at 12:45. This phenomenon is indicative of a shift in momentum towards an upward trajectory, suggesting a potential for further price appreciation. The Bullish Marubozu pattern that accompanied this event reinforces the notion that buyers are currently dominating the market, and the prevailing bullish momentum is likely to persist.
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