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Penumbra's 15-minute chart has recently triggered a significant technical indicator, the KDJ Golden Cross, which occurred on December 2nd, 2022 at 13:45. This bullish event is characterized by a bullish Marubozu candlestick pattern, indicating a strong upward momentum in the stock price. This shift in momentum suggests that the stock has the potential to continue increasing in value, as buyers are currently in control of the market. With this bullish momentum likely to persist, investors may want to consider purchasing Penumbra stock as a potential long-term investment opportunity.
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