Grid Dynamics accelerate digital transformation of Fortune-1000 US enterprises. They specialize in customer experience, data analytics, and cloud. They compite with the likes of NYSE:EPAM , NASDAQ:CYBR and NSE:INFY . The price made its lowest low in mid March and since then has made a good bull run. Now $GDYN is making a good looking descending triangle, the...
consolidation pattern upon earnings gap up. strong relative strength during the first two weeks of december correction. the longer this consolidate, the more conviction (position sizing) i will be putting in on this trade
I particularly like how the cup and handle pattern breaks into new highs in the right side , then fails and forms a great descending handle. Now we have a break out and last few days of volume look good with validation . entry at 17.12 with a stop under lod at 16.68.
GDYN has a price target of eventually 20$ and eventually 30$. This is a beautiful line with a gradual uptrend and a few natural pull backs. It has earning and this is very significant and a very important aspect to look into. The company only missed the Q1 target and Q2, Q3 and Q4. Stock Price History: 52-Week Change 3 58.92% S&P500 52-Week Change...
Hello ! Key points : Double bottom, cluster of candlesticks on first bottom Narrow range + low (relative) volume Buying pressure on downtrend I'm defining the resistance (previous support) based on the second gap (Gap2), on the distribution area and on the clear 3-candle swing high. To clarify, above the drawed resistance (previous support) we had a...