Precision Drilling's 15min chart shows KDJ Golden Cross, Bullish Marubozu.

Thursday, Sep 4, 2025 10:10 am ET1min read

Precision Drilling's 15-minute chart has recently triggered a KDJ Golden Cross, accompanied by a bullish Marubozu pattern at 09/04/2025 10:00. This technical indicator suggests a shift in momentum towards a more positive trend, with potential for further price appreciation. As buyers maintain control of the market, it is likely that bullish momentum will continue.

Precision Drilling (PDS) has recently exhibited strong bullish signals on its 15-minute chart, with a KDJ Golden Cross accompanied by a bullish Marubozu pattern observed on September 4, 2025, at 10:00. These technical indicators suggest a shift in momentum towards a more positive trend, potentially signaling further price appreciation. Buyers maintaining control of the market indicate a likely continuation of bullish momentum.

The KDJ Golden Cross, a popular technical indicator, occurs when the K line (fast moving average) crosses above the J line (slow moving average). This pattern is often associated with a shift in market sentiment and can signal a potential price increase. The Marubozu pattern, characterized by a large candlestick with no wicks, signifies strong buying pressure and a lack of selling interest, further reinforcing the bullish sentiment.

These positive signals come amidst a broader market environment where investors are rotating capital into undervalued assets and long-term holding strategies are gaining traction [1]. Ethena (ENA), another asset, has shown a sharp rebound in earnings and a significant increase in TVL (Total Value Locked), indicating strong investor confidence and potential for further growth.

While the KDJ Golden Cross and Marubozu pattern are encouraging signs for PDS, investors should remain cautious and conduct thorough analysis before making investment decisions. It is essential to consider other technical and fundamental factors that may influence the stock's performance.

References:

[1] https://ambcrypto.com/why-ethena-ena-can-reach-0-88-soon-if-not-1/

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