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According to the 15-minute chart for Preferred Bank, a notable technical event has occurred. Specifically, the KDJ indicator has triggered a golden cross, and a bullish marubozu pattern emerged on December 4, 2023 at 12:30. These developments suggest that the momentum of the stock price is shifting towards the upside, potentially paving the way for further increases. Notably, the buyers currently hold control of the market, and it is likely that bullish momentum will continue.
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