Focus Stocks
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
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Related Partner Headlines
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