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According to the 15-minute chart of Selective Insurance, a significant technical indicator, the KDJ Golden Cross, has been triggered. This event, coupled with the presence of a Bullish Marubozu at 11/03/2023 15:45, suggests a shift in the stock's momentum towards an upward trajectory. As a result, there is a potential for further price appreciation, indicating that buyers are currently in control of the market. With bullish momentum likely to continue, investors may want to consider purchasing shares in Selective Insurance.
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