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As per Ovintiv's 15-minute chart, a significant technical indicator, the KDJ Golden Cross, was triggered on November 7th at 10:00 AM. This crossover signals a shift in momentum towards the upside, potentially leading to further price appreciation. The presence of a Bullish Marubozu candle reinforces this bullish trend, indicating that buyers are currently in control of the market. Given the momentum's direction, it is likely that bullish sentiment will continue to prevail in the near future.
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