Get started
GitLab Inc.GitLab Inc.GitLab Inc.

GitLab Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

GTLB trade ideas

Pushing Code, Pushing GainsGitLab is demonstrating strong bullish momentum, with a gap forming around the $50.00 level. A breakout above the $73.60 daily resistance would confirm continued strength, positioning the stock to target the $78.42 resistance. This setup offers an excellent risk-to-reward ratio, with a stop-loss set at $50.86 to manage downside risk. As a leader in DevOps and software development solutions, GitLab is positioned to benefit from the increasing adoption of cloud-based collaborative tools. The company’s commitment to innovation, expanding customer base, and focus on driving operational efficiency enhance its long-term growth potential. For a deeper dive into this setup, check out my YouTube breakdown, where I cover the technical analysis and the fundamentals driving this trade idea. With its technical momentum and strong market fundamentals, GTLB presents an exciting opportunity for traders and investors aiming for $78.42. NASDAQ:GTLB
NASDAQ:GTLBLong
by The_Trading_Mechanic
4
GTLB Builds an Engineering Paradise on Its Way to $78.50GitLab is showing strong bullish momentum, with a gap forming at the $51.00 level. A break through the $56.90 resistance would confirm further upward movement, targeting the $78.50 weekly resistance level. With an attractive 3.61 risk-to-reward ratio, this trade offers a compelling opportunity to capitalize on GitLab's upward trend, while managing risk with a stop-loss at $47.00. GitLab’s position as a leader in DevOps and software development platforms, along with increasing enterprise adoption of cloud-native solutions, strengthens its long-term growth potential. As digital transformation accelerates, GitLab is well-positioned to capture increased market share, supporting a bullish outlook toward the $78.50 target. NASDAQ:GTLB
NASDAQ:GTLBLong
by The_Trading_Mechanic
1
GitLab reports strong Q2 earnings, surpasses expectationsGitLab Inc. has delivered a robust financial performance for Q2 , posting earnings of 12.3 million USD or 0.08 USD per share, a significant improvement from a loss of 51.2 million USD or 0.33 USD per share a year earlier. On an adjusted basis, earnings per share reached 0.15 USD, surpassing the expected 0.10 USD per share. Revenue also rose impressively, reaching 182.6 million USD, up from 139.6 million USD and exceeding forecasts of 176.9 million USD. The positive financial outcome has led GitLab to revise its full-year earnings per share guidance upwards to 0.45-0.47 USD and its revenue forecast to 742-744 million USD. This update reflects a strong demand for GitLab's offerings and a robust operational execution. Technical analysis of GitLab Inc. (NASDAQ: GTLB) Looking at GitLab's stock for potential trading opportunities: Timeframe : Daily (D1) Current Trend : the stock is in an uptrend, having recently broken the resistance at 48.90 USD, which now acts as support Short-term Target : if the uptrend persists, the immediate target is 60.55 USD, following the break above the previous resistance Medium-term Target : if the bullish momentum continues, the price could potentially extend to 76.35 USD Key Support : positioned at 44.50 USD Downtrend Scenario : if the stock were to reverse and breach the support at 44.50 USD, it could target a lower support at 37.10 USD Market outlook GitLab's shares show strong bullish signals following the positive earnings report and upbeat revenue projections. The break above key resistance levels suggests confidence among investors in the company's growth trajectory. Traders and investors might consider potential entry points as the stock tests new highs, keeping an eye on the established support levels for risk management. The company's upward revision in financial guidance could continue to fuel investor optimism and propel the stock towards medium-term targets. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NASDAQ:GTLB
by RoboMarkets
8/21/24 - $gtlb - tough valuation high 40s. sidelines.8/21/24 :: VROCKSTAR :: NASDAQ:GTLB tough valuation high 40s. sidelines. - high 8x ev to sales great mid 20s top line growth - what really worries me is getting NYSE:SNOW (flaked) when people realize that the sales expenses necessary to produce gross profit growth is temporarily stalled out - product great. growth remains great. net cash... awesome. stock comp - massive and not helpful in light of the above. - i just see no reason to neck out in this tape into print (especially bc the next few weeks will be choppy as is). if we get a rally into month-end i'd probably cut this if i owned it. - just don't like the r/r. i would struggle to own it if they beat and i think all else equal a miss could send this down pretty large (15-20%) and i'd be wondering if i should add or cut. i don't like putting myself in those situations. lmk if you see it differently. i'll root for you on the sidelines into this print on sep 3 but i can't add my capital to play along.
NASDAQ:GTLBShort
by VROCKSTAR
6/3/24 - $gtlb - small long. setup + GT's + comps good. val rich6/3/24 - vrockstar - NASDAQ:GTLB - let's be clear 9x sales isn't cheap. but 35=40% sales growth on inflecting opex leverage looks very attractive to me. stock has defn seen the pullback in the last few days as a result of B2B getting factor bodyslammed. the low key way to play this is to buy a pullback (mind the gap at $36 which is defn in play given what we've seen across the space this earnings season). however, what keeps me wanting to go long this into the print is the google trends look bang'in and again, the biz ops/ fundamentals are good. i don't love the stock comp component - but that's par for the course for these sub-scale (sub i mean sub 20-50 bn) co's. trends.google.com these sort of trends are what kept me w/ my smallish NASDAQ:ZS into print. look at NYSE:GDDY , NASDAQ:WIX and recently Ssqsp got taken private too. so while it's a slightly diff "service", there's firepower from these likes to M&A it too. anyone have a more nuanced opinion?
NASDAQ:GTLBLong
by VROCKSTAR
2