Matt_Feda
Long

TDC | Triple SMA Crossover | Bullish Divergence | Falling Wedge

NYSE:TDC   TERADATA CORP DEL
245 0 0
- Look for a strong potential move to the upside due to pretty strong divergence since Nov 2012
- SMA (21, 50,100) crossover confirmed a bullish trend with the stock seeming to have found a higher bottom.
- SMA (200) and $60 price level will act as strong resistance.
- Stock broke out of falling wedge pattern that's been forming since July 2012
- A safer way to play this stock would be to wait for confirmation by having the stock reach a higher low above this level.

Let me know if you agree/disagree or just feel like going on a rant =)


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