Teradata Corporation (TDC) Showing Support Near $30.57
Sep 12, 2017 (Marketintelligencecenter.com via COMTEX News Network) -- After Sep 11, 2017aEUR(TM)s trading in Teradata Corporation (TDC) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 4.20% or 11.89% (for comparison purposes only), while providing 9.43% downside protection. The trade is a Jan 19, 2018 covered call at the $30 level for a net debit of about $28.78. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $30.57 and $32.45, respectively.
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