Mike Shorr is watching Teradata Corporation (TDC) for a breakout above $34.39.
He says the entire outcome of the trade idea hinges on Nvidia earnings today, after the close.
If Nvidia delivers, he expects the entire AI trade to reignite.
Since TDC has significant room to the upside, he thinks the stock offers a cost-friendly trade opportunity.
Mike breaks down the entire trade idea on Business First AM.
The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.
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