Preferred Bank's 15min chart shows KDJ Golden Cross and Bullish Marubozu.

Tuesday, Sep 2, 2025 3:35 pm ET2min read

Based on Preferred Bank's 15-minute chart, a significant technical indicator, the KDJ Golden Cross, was triggered on September 2, 2025 at 15:30. This crossover is indicative of a shift in momentum towards the upward direction, suggesting that the stock price may continue to rise. Furthermore, the appearance of a Bullish Marubozu candlestick pattern reinforces the notion that buyers are in control of the market and that bullish momentum is likely to persist.

Title: ESGL Holdings: Bullish Technical Indicators Suggest Upside Potential

September 2, 2025 - ESGL Holdings Limited (NASDAQ: ESGL), a leading environmental technology company, has seen a significant shift in its stock's technical indicators. On September 2, 2025, at 15:30, the KDJ Golden Cross was triggered on Preferred Bank's 15-minute chart. This crossover is indicative of a shift in momentum towards the upward direction, suggesting that the stock price may continue to rise. Furthermore, the appearance of a Bullish Marubozu candlestick pattern reinforces the notion that buyers are in control of the market and that bullish momentum is likely to persist.

The KDJ Golden Cross is a technical indicator that signals a potential trend reversal when the K line crosses above the D line. This crossover is often seen as a bullish signal, suggesting that the stock price is likely to move upwards. The Bullish Marubozu candlestick pattern, characterized by a long white body with no upper or lower shadows, indicates strong buying pressure and a potential continuation of the upward trend.

In addition to these technical indicators, ESGL Holdings has been making significant strides in its business operations. The company has recently filed a patent application for a transformative hydrofluoric waste recycling innovation, which converts hazardous waste into valuable materials for construction and steel manufacturing applications. This innovation aligns with ESGL's commitment to sustainability and the circular economy.

ESGL Holdings has also been making progress in its business combination with De Tomaso Automobili. The company's shareholders have approved all proposals for the business combination, and the merger is currently undergoing regulatory and shareholder approval processes. The strategic combination aims to merge ESGL's industrial sustainability focus with De Tomaso's ultra-luxury automotive brand, known for its P72 and P900 hypercars.

ESGL Holdings has demonstrated strong financial performance in recent quarters. The company reported a remarkable financial turnaround in FY2024, achieving near-complete elimination of net losses and significant growth in adjusted EBITDA. The improved performance was driven by reduced inventory and logistics costs, elimination of one-time listing expenses, and successful commercialization of new circular products.

In conclusion, ESGL Holdings' technical indicators suggest a potential upward trend in the stock price, while the company's business operations and financial performance continue to demonstrate strong growth and sustainability. Investors should closely monitor ESGL Holdings' progress and consider the potential impact of these developments on the company's stock price.

References:
[1] https://www.stocktitan.net/news/ESGL/

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