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The 15-minute chart for Smurfit Kappa and WestRock has recently displayed a significant technical indicator, the KDJ Golden Cross, which occurred on December 1, 2023, at 11:00. This bullish signal suggests a shift in the momentum of the stock price towards an upward trajectory, potentially leading to further increases in value. The presence of a Bullish Marubozu candlestick formation during this event further reinforces the notion of strong buying interest driving the market. Consequently, it is likely that the bullish momentum will continue, as buyers remain in control of the market.
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