The Chart of the Day belongs to Gilat Satellite Network (GILT). I found the satellite communications stock by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or more.Next I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/7 the stock gained 35 .96%.
Gilat Satellite Networks Ltd. is a global leader in Very Small Aperture Terminal satellite communications technology, manufacturing and service. The company provides end-to-end telecommunications and data networking solutions to customers across six continents. Service offerings include access to satellite transponder capacity, installation of network equipment, on-line network monitoring and network maintenance and repair services.
The status of Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
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