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Teradata Corporation (TDC) Trading Near $39.01 Resistance Level

Dec 27, 2017

Teradata Corporation (TDC) Trading Near $39.01 Resistance Level

Dec 27, 2017 (Marketintelligencecenter.com via COMTEX News Network) -- A covered call identified by MarketIntelligececenter.com's patented algorithm on Teradata Corporation (TDC) could yield about 4.07% (29.19% annualized, for comparison purposes only) in 51 days. Pair a long position in the stock with the Feb 16, 2018 $37.50 call for a net debit of about $36.03. This position also has 6.85% downside protection. Teradata Corporation closed at $38.68 Dec 26, 2017. Technical indicators for TDC are bearish and support and resistance have been about $38.15 and $39.01, respectively.A

(C) Copyright 2017, Marketintelligencecenter.com. All rights reserved.

SOURCE: Comtex

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