et20tradeview

Gilat Satellite potential breakout

Long
NASDAQ:GILT   Gilat Satellite Networks Ltd
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
Order cancelled: Short term price action suggests higher probability of a move to the downside
Suggest to move to sidelines.

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