Gilat Satellite Networks Ltd.
Long
Updated

Gilat Satellite potential breakout

243
GILT

Gilat Satellite Networks share price has been consolidating around the 10 dollar zone
On the daily chart, we see a potential break out with momentum indicator showing bullish vigor in the second panel
This signal is relatively young and we want to see confirmation via further development in price action
Order cancelled
Short term price action suggests higher probability of a move to the downside
Suggest to move to sidelines.

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