Gilat Satellite Networks: RSI Overbought, Bearish Marubozu on 15min Chart

Gilat Satellite Networks' 15-minute chart has triggered an RSI (Relative Strength Index) reading in the overbought range and a bearish Marubozu pattern on December 2, 2023 at 10:00. This suggests that the stock price has risen excessively and is not supported by fundamental analysis, with sellers dominating the market. As a result, there is a high likelihood that bearish momentum will continue.