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've put relevant notations on the chart. I'm putting this on my action list for next week. Many ways to play this one. If it opens in the upper wick that's strong. If that's the case I may go long with a stop below the day low or open. I may wait for a pullback but look for the gap to hold. It could also flag here for a few days or weeks. Either way this should...