Rexford Industrial Realty: 15min chart triggered KDJ Golden Cross, bullish Marubozu formation

Rexford Industrial Realty's 15-minute chart has exhibited a notable KDJ Golden Cross and Bullish Marubozu pattern at 12:00 PM EST on December 2nd, 2022. This indicator suggests that the momentum of the stock price is transitioning towards an upward trajectory, potentially leading to further increases in value. The presence of a Bullish Marubozu, characterized by a strong buying pressure and a lack of selling activity, reinforces the notion that the market is currently under the control of buyers. As such, it is likely that the bullish momentum will continue.