jaxdog

$TDC Earnings Gap and Re-Test

Long
NYSE:TDC   TERADATA CORPORATION
$TDC beat on earnings and look at that volume come in to buy it. It has since faded and retraced much of that break-out gap. I'm liking this if it holds into to today's close or on volume going over today's highs. Ideas, not investing / trading advice.

Teradata ( TDC ) reported 4th Quarter December 2020 earnings of $0.44 per share on revenue of $491.0 million. The consensus earnings estimate was $0.25 per share on revenue of $479.5 million. The Earnings Whisper number was $0.29 per share. Revenue fell 0.6% compared to the same quarter a year ago.

The company said it expects first quarter non-GAAP earnings of $0.38 to $0. 40 per share and 2021 earnings of $1.50 to $1.58 per share. The current consensus estimate is earnings of $0.32 per share for the quarter ending March 31, 2021 and earnings of $1.50 per share for the year ending December 31, 2021.

Teradata Corp is engaged in analytic data solutions, including integrated data warehousing, big data analytics & active intelligence. Its data warehousing solutions are software, hardware and related business consulting & support services.
Trade active: 3/9 Put a starter position (1/4) right at the open @ $42.83 with a Stop at 41.73 Not risking much on this. I'll be looking to add before end of day if it holds today's gains.

Comments

Thanks for sharing your chart, research, and potential game plan for a company not many know of. We've featured it in Editors' Picks.
100 coins
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jaxdog TradingView
@TradingView, Thank you. Hopefully this is an idea that can work.
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Good work
+2 Reply
Well done
+2 Reply
good job here and thanks for sharing it
such amazing work bro!!
+1 Reply
excellent analysis and info!
+1 Reply
jaxdog EBITDAtiger
@EBITDAtiger, Thank you. I'm hoping this triggers me in. All that volume tells me institutions will likely start supporting higher prices... All TBD.
+1 Reply
@jaxdog, I think you're right, I can't see the data for those days of extremely high volume but I do see data there were a lot of large-scale orders of TDC on 2/23/21. Hopefully, that means they are continuing to add to their positions after the initial large block purchase.
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super good analysis
Reply
jaxdog Donald677
@Donald677, Thank you, I'll be looking to add to this if more buying volume comes in. All TBD.
Reply
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