Analyzing the options chain of GTLB GitLab prior to the earnings report this week,
I would consider purchasing the 30usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $5.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
The major difference between GitHub and GitLab is the platform each philosophy presents. GitHub has higher availability and is more focused on infrastructure performance, while GitLab is more focused on offering a features-based system with a centralized, integrated platform for web developers.
I expect price action to test 38-40$ support zone in the short to mid term, we could see a breakout from there. Otherwise the test of 30$ and 20$ range would be in the cards.
I am confident in this stocks long term investment potential. I will be moving in the direction of Cash Secured Puts to keep things as conservative as I can in this market. I will start with June 40P for a bid of 4.20 Or Better. that is an initial credit of 420.00 per 100 shares. Assignment cost would be 40-4.20=35.80 this keeps me in my desired price range as I...
I want back into $GTLB after a couple of really nice swing trades in the stock recently.
I wont let this stock go into stage 2 without me in it.
Potentially setting up again.
Price is currently on an uptrend and mitigated the bearish POI at 69.99. Right now, I'm expecting price to do a retracement back to the bullish POI at 59.39. Take note that there is a lot of sell-side liquidity being built. Price could very likely go lower before we see any further up moves.
$GTLB Needs to breakout over both Price Resistance area and YTD AVWAP to be a viable trade for me. Look how both of those confluences have acted to reject price recently. I will be looking to take this long after it breaks over and retests the breakout. No rush on this one but looks to be setting up nicely. Maybe one for your watchlist too. Ideas, not investing /...
GitLab Inc. is an open-core company that provides GitLab, a DevOps software package that combines the ability to develop, secure, and operate software in a single application.
Date launched: 2014
Employees: 1,630 (January 2022)
Formed and inverted head and shoulders. Wait for a $60 daily close (Break of neckline) for a long and a price target of $80. Be nimble....
I bought a starter position of $GTLB on the 28th on a pullback buy setup.
would like to see it calm a bit below right shoulder supply line.
If it does so, would like to build up my position while its coming out (orange bars).
Lots to like about this young stock $GTLB
No 200 day MA yet on this IPO
50 MA turned green 3 weeks ago
Not profitable yet but amazing sales growth or 8 straight quarters.
& Lastly, potential head and shoulders bottom that is getting tight on that right side.
$GTLB - Technology | Software - Application
another tech name; resilient in RS, trading to its rising 10/20 MAs, based at $32 major support since March. have reported stable, increasing qtr sales number since IPO.
currently trading just beneath its IPO VWAP, similar to $DUOL
This stock has been working well off the 50day moving average. Move above $54.5 will possibly run much higher. Target $60.
I'm watching $54.5 for starting an entry. NASDAQ:GTLB
