GILT about to reversal!

Panjang

Gilat Satellite Networks Ltd. (BATS:GILT)

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BATS:GILT Gilat Satellite Networks Ltd.

supportandresistance harmonicpatterns butterflypattern

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.

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 around 6,70.
Good luck to all

Komen:

Well, It hits my first price target and backed to the previous support. At this level I will load more shares again., Good luck to everybody.

Penafian

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