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The 15-minute chart of Teledyne has exhibited characteristics that are indicative of a bullish trend. Specifically, the Bollinger Bands are expanding upward, and a bullish Marubozu candlestick pattern was observed on December 3, 2022 at 1:45 PM. These technical indicators suggest that the market is being driven by buying pressure, with buyers exerting control over the market. As a result, it is likely that the bullish momentum will continue in the short term.
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