TeraData has been hot stock during 2010-2012, then it lost its luster after soften in margins. But in terms of net profit and total revenues it is showing us solid numbers.
Stock found strong support at $39-$40. Looks like funds accumulate this stock during last three quarters. Yesterday, it gave us Day #1 (broke of flag and trend line). If the next days it will...
- 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...