Grid Dynamics (GDYN): AI and Cloud Services Drive Expansion

Grid Dynamics Holdings, Inc. (GDYN) is a digital transformation company that helps businesses improve their technology through cloud computing, artificial intelligence, and data analytics. It works with top brands in retail, finance, and technology, providing custom software solutions that enhance efficiency and customer experience. Growth for GDYN comes from the increasing demand for digital services and AI-driven automation.

GDYN recently showed a confirmation bar with rising volume, moving into the momentum zone. This signals strong interest from buyers and potential for continued upside. A trailing stop can be set using the Fibonacci 0.236 level with the Fibonacci snap tool, helping traders protect gains while allowing room for growth.