Is Teradata Breaking Out?

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Is Teradata Breaking Out?

Published on Saturday, 04 February 2012 16:20 Written by Christopher Lynn

New York, February 4th (TradersHuddle.com) - Shares of Teradata Corporation (NYSE:TDC) closed the trading session at $56.84 just above calculated resistance at $55.06 effectively breaking out, grabbing the attention of momentum traders, which could eventually push the stock to different trading range

Teradata Corporation (NYSE:TDC) provides data warehousing solutions, including enterprise analytic technologies and services. The data warehousing solutions are comprised of software, hardware, and related business consulting and support services.

Teradata's stock was trading in a well defined range with support at $47.33 and resistance at $55.06, given that this range was broken traders will be closely monitoring the stock

Teradata Corporation (TDC): Today's Featured Computer Hardware Winner - TheStreet.com
UPDATE: Stifel Nicolaus Initiates Hold on Teradata Corporation; Valuation Full - Benzinga
Teradata Corporation (TDC): Today's Featured Computer Hardware Winner - TheStreet.com
Teradata up 9% on Strong Q1 Earnings - Benzinga
Teradata to Acquire eCircle - Benzinga
Teradata Reaches New 52-Week High (TDC) - TheStreet.com
Teradata Reaches New 52-Week High (TDC) - TheStreet.com
Teradata Stock Hits New 52-Week High (TDC) - TheStreet.com
Teradata Reaches New 52-Week High (TDC) - TheStreet.com
Teradata Unveils New Platform; Stock Near Highs - Benzinga

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