Stocks

Equinix may rise to 933.00 - 948.00

2024-10-03

Our pivot point stands at 853.

Our preference

As long as 853 is support look for 933.

Alternative scenario

Below 853, expect 827 and 813.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 868.639 and 833.2212).

Supports and resistances

962 **

948 *

933 **

918

886.6 (USD-last)

862

853 **

827 *

813 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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