TradingView
w0nderw0man
Jan 17, 2021 7:37 PM

Short term bearish unless some great news to move this stock up. Short

Gilat Satellite Networks Ltd.NASDAQ

Description

I know there are rumors about ARKK investing in this but I think the news are priced in. Although long term this may go up, short term I believe will be a retrace. As of now the stock is Overbought on weekly chart and has a nasty "scissors" touching the 200 moving average. I would buy this but I will wait for a better entry IMO.
More