minorcontrastDetour

Reversal or continuation?

NASDAQ:GTLB   GitLab Inc.
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.
Comment:
Orange trendline is a little bit off, supposed to be a monthly resistance.
Comment:
Well, it was a nasty bear flag after all, having said that GTLB could still make a fine wedge(in terms of regression).
Comment:
There is now resistance at 35$ and 43-44$; if it does not break, I can see this potentially following log trend from the first impulse(oct 21-may 22) to 10$.
Comment:
This is more like it.
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