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VivoPower's 15-minute chart has triggered a significant bullish indicator, the Golden Cross, which occurred on August 5, 2023, at 13:30. This event is accompanied by a Bullish Marubozu, which suggests that the momentum of the stock price is shifting in a positive direction. The Golden Cross is a bullish indicator that occurs when the 50-day moving average crosses above the 200-day moving average, signaling a shift in momentum towards the upside. In conjunction with the Bullish Marubozu, this indicator suggests that buyers are in control of the market and that the bullish momentum is likely to continue. As a result, the stock price has potential to further increase.
On August 5, 2023, at 13:30, VivoPower's 15-minute chart triggered a significant bullish indicator, the Golden Cross. This event, accompanied by a Bullish Marubozu, suggests a shift in the stock's momentum towards the upside. The Golden Cross occurs when the 50-day moving average crosses above the 200-day moving average, indicating a potential bullish breakout [1].Daily stocks & crypto headlines, free to your inbox
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