CFD Trading –Sell Teradyne Inc. (TER.NAS) @ $98.00. Stop @ $102.90 and Target @ $91.20.

Outlook

Price closed below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion line and Base line remain in a bearish crossover and is hinting at a bearish price trend ahead. Lagging Span is below price of 26 days ago but is inside the cloud at the moment.  MACD is bearish and is hinting at a bearish price trend. If price is unable to move above the cloud, it could be heading towards the support at $91.20 in the next 2-3 weeks.

Strategy                  

$98.00                Sell

$91.20                Price Target

$102.90              Risk Management Stop

3 weeks              Trade Duration