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Quanex's 15-minute chart has recently displayed a significant technical indicator, namely the KDJ Golden Cross, which occurred on December 2, 2022 at 2:00 PM. This development has triggered a bullish sentiment, as the momentum of the stock price is shifting towards an upward trajectory. Furthermore, the presence of a Bullish Marubozu candlestick pattern reinforces this optimistic outlook, suggesting that the stock is poised for further growth. The strong buying interest and control of the market by buyers are likely to sustain the bullish momentum, leading to a continuation of the upward trend.
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