It seems it is a time for reversal of $NASDAQ:GILT. A nearly prefect bullish butterflies harmonic patter is observed at 5.28$. The stochastic is in oversold region. NASDAQ:GILT already tested this resistance 3 times from October 2022. My stop loss will be at around 5.12. First price target around 6.20 at 200 MA which is on Fib 0.5 and second price target at...
The latest GILAT Quarterly Report is really significant: looks like a turning point to profitability >>> Dramatic surge in Revenue with Significant Growth potential due to successful launch of the next generation SkyEdge IV Satellites, covering North America, Europe and Asia >>> bringing hyper-fast Next Generation Internet using 5G.
NASDAQ: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
GILT: Gilat Satellite Networks Ltd. 2021-06-10 07:00:40 Gilat Awarded Contract to Supply Satellite Communication Equipment for Military Usage
Here you can see another idea that I found interesting from my indicators perspective
GILT: Gilat Satellite Networks Ltd. 2021-06-03 07:07:51 Gilat Awarded $13M Contract by Pronatel for Delivery of Internet Services to Hundreds of Sites in Peru
First time doing a chart like this, so feedback is much need on what to do better. I also so made this analysis for some small options trades.
GILAT SATELLITE SECURES MAJOR DEAL WITH GOVERNMENT CORPORATION IN ASIA PACIFIC. DEAL VALUED AT "TENS OF MILLIONS"!!!
touching a strong support box and 100ma. Can get bullish above 15.4 area.
This one's a little bit under the radar still. Well-advised to get in before the ARKX. PT: $16
Bullish Pennant, awaiting confirmation Pros: Descending volume during formation Volume at break out Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 200MA ascending, but barely 250RSI above 50 Target: PT = 29.51$
Been doing well since recomended at $7. Buy at any correction if possible.
After a small rebounce the stock should go for new ATH. Potentials are there, it will break to ATH without a small rest. BUY
GILT broke above both the 2 year resistence @ 10.75 and the 19 year(!) resistence @ 11.30 on 25 January on strong volume. It has since been consolidating in a bull pennant above the 19 year resistence (turned support) @ 11.30. Good time to stake for those who is prepared to have a wide initial stop loss (below 11.0). Let's see if this potential home-run trade...
May move up to new hights till mid 2021. Could be part of new Space ETFs this year.