Bull Signal Flashing For Losing Tech Giant

Nearly one month off a weaker-than-expected quarterly earnings and revenue outlook for 2025, software giant GitLab (GTLB) is struggling to maintain any fortuitous gains on the charts. The shares are now off more than 10% in 2024 and have pulled back to the $54 for support more than once in the past few weeks. Another trendline is also moving in, however — one with historically bullish implications that could be a saving grace for the underperforming tech name.Per data from Schaeffer’s Senior Quantitative An ...