Gitlab (GTLB) Squeeze Tightening at Top of Value Area
Gitlab (GTLB) shares coiling in a tight squeeze pattern on top of the monthly value area of support after a test of the 55 EMA this week and now an inside day formed today. A move above today’s high at 55.14 can trigger a buy signal back to 60 short term and potential to test that overhead 200 EMA near 64 on follow through strength.