Teradata Corporation (NYSE: TDC)

Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing and big data analytics. The company’s products comprise Teradata Database Software that delivers near real-time intelligence; Teradata Workload-Specific Platforms; Teradata Aster Discovery Platform, which is pre-configured with Teradata Aster Database; Teradata Portfolio for Hadoop; and Teradata QueryGrid that provides access to analytics to various processing engines.
Take a look at the 1-year chart of Puma (NYSE: TDC) below with added notations:

After the stock’s summer decline, TDC has now started trading sideways over the most recent two months. While in that sideways move, the stock has formed a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern.
TDC’s rectangle pattern has formed a resistance at $30 (red), and a $28 support (green). At some point the stock will have to break one of the two levels.
The Tale of the Tape: TDC is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $28 or on a breakout above $30. The ideal short opportunity would be on a break below $28.