GitLab $GTLB

Interesting Setup Idea

GTLB 0.00%↑ has caught a nice bid the past 2 weeks. Right on the cusp of a 5 day/20 day cross, price is now above both levels. The purple line represents the anchored vwap from the drop following the company’s last earnings report. A break above there and there’s a bit a of a volume gap until supply steps in around $41.50. GOOGL 0.00%↑ has been tied to this one in the news recently (https://www.marketbeat.com/instant-alerts/nasdaq-gtlb-sec-filing-2023-03-13/). The company reports earnings on 6/5.