GitLabs stock price (GTLB) rallied in latest intraday amid the dominance of the upward correctional trend in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive signals from the Stochastic, as the price readies to tackle the current resistance of $53.50.

Therefore we expect more gains for the price, especially if the resistance of $53.50 is breached, targeting the next one at $57.00.

Todays price forecast: Bullish

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