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Teradata Corporation (TDC) Showing Bearish Technicals With Support At $37.34

Dec 05, 2017

Teradata Corporation (TDC) Showing Bearish Technicals With Support At $37.34

Dec 05, 2017 (Marketintelligencecenter.com via COMTEX News Network) -- A covered call identified by MarketIntelligececenter.com's patented algorithm on Teradata Corporation (TDC) could yield about 2.65% (21.53% annualized, for comparison purposes only) in 45 days. Pair a long position in the stock with the Jan 19, 2018 $37.50 call for a net debit of about $36.52. This position also has 3.81% downside protection. Teradata Corporation closed at $37.97 Dec 4, 2017. Technical indicators for TDC are bearish and support and resistance have been about $37.34 and $38.59, respectively.A

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

SOURCE: Comtex

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