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Permian Basin Royalty Trust's Chart Indicates Bullish Momentum with Bollinger Bands Expanding Upward.
ByAinvest
Wednesday, Dec 3, 2025 11:33 am ET1min read
According to the 15-minute chart of Permian Basin Royalty Trust, the recent price movement has triggered the expansion of Bollinger Bands upward, indicative of a bullish trend. Specifically, the chart has registered a Bullish Marubozu pattern at 12:30 on December 3, 2025, suggesting that the market is currently being driven by strong buying activity. As a result, it is likely that the bullish momentum will continue, with buyers exerting control over the market.
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