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According to Precision's 15-minute chart, there are two significant technical indicators that have been triggered. Firstly, the Relative Strength Index (RSI) has reached an oversold level, indicating that the stock price has dropped precipitously and is currently trading below its fundamental support levels. Secondly, the KDJ (Kinetix/Dynamic Index) has formed a golden cross, which suggests that the momentum of the stock price is shifting towards the upside and has the potential to continue increasing. These technical indicators suggest that the stock price may be poised for a rebound and that investors should be cautious of a potential upward trend in the coming days.
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