Global Business Travel Group Inc

After a sharp parabolic advance into June, GBTG now exhibits early exhaustion at new highs with small-bodied candles, long upper wicks, and plateauing volume and Options Score. Both the long-term and medium-term trends remain bullish within a Stage 2 advancing phase, but execution should be deferred until a shallow pullback into the rising EMA band is absorbed. Engagement will focus on participation in the uptrend only after price reclaims and holds above the 9/20 EMA support zone.

• ↑Q4 2025 revenue of $792 M rose 34% YoY, showing strong recovery
• ↑CWT acquisition to boost revenue ~30% and deliver $155 M synergies over 3 years
• ↓Negative profitability metrics indicate weak returns on equity