Long CRNT- Another stock sponsored by Katie Woods
Updated
Another Israeli company traded on the crack, similar to its companies recently, is also flourishing in its field after none other than the fund manager Ark decided to invest in the company
Ceragon Networks deals with the 5G world and everything around it, without a doubt it has more to grow in this futuristic field.
Technically it seems that the company has reached its peak in the past and from there came relatively aggressive realizations until the average 20 gave it nice support in the 4.3 area,
Since the stock is rising nicely but getting resistance in the $ 6 range when there is currently substantial support in the $ 5 range, it seems that if you get there a lot of buyers will come to take advantage of the opportunity
The biggest thing happening in the market lately and all this is backed by Mrs. WOOD
As long as the stock is calm in the coming weeks it is likely to see another upward break
Good luck to everyone
There is no recommendation but a personal opinion only
Ceragon Networks deals with the 5G world and everything around it, without a doubt it has more to grow in this futuristic field.
Technically it seems that the company has reached its peak in the past and from there came relatively aggressive realizations until the average 20 gave it nice support in the 4.3 area,
Since the stock is rising nicely but getting resistance in the $ 6 range when there is currently substantial support in the $ 5 range, it seems that if you get there a lot of buyers will come to take advantage of the opportunity
The biggest thing happening in the market lately and all this is backed by Mrs. WOOD
As long as the stock is calm in the coming weeks it is likely to see another upward break
Good luck to everyone
There is no recommendation but a personal opinion only
Note
6.00
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