GitLab's RSI reading falls to 29.9, entering oversold territory.

GitLab Inc. (GTLB) shares entered oversold territory with an RSI reading of 29.9, hitting a low of $28.78 per share. This suggests that the recent heavy selling may be exhausting itself, and a bullish investor could look for entry point opportunities on the buy side. The stock's 52-week range is $28.74 to $72.17 per share, with a current price of $28.85.