Teradata Corporation (NYSE: TDC)

Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related consulting services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing, active intelligence, big data analytics, and data discovery. The company’s products comprise Teradata Analytic Database Software that delivers near real-time intelligence; Teradata Workload-Specific Platforms; Teradata Aster Discovery Platform, which is pre-configured with Teradata Aster Database; and Teradata Logical Data Models that are blueprints for designing an integrated data warehouse.
To review Teradata’s stock, please take a look at the 1-year chart of TDC (Teradata Corporation) below with my added notations:

TDC has been trading sideways for the last 4-5 months. Over that period of time the stock has formed a clear resistance level at $48 (purple). In addition, the stock has also created a strong level of support at $40 (blue). At some point the stock will have to break one of the two levels the rectangle pattern has created.

The Tale of the Tape: TDC has clear levels of support ($40) and resistance ($48). The possible long positions on the stock would be either on a pullback to $40, or on a breakout above $48. The ideal short opportunities would be on either a break below $40 or on a rally back up to $48.
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