Equinix may rise to 939.00 - 953.00

Our pivot point is at 859.

Our preference

As long as 859 is support look for 939.

Alternative scenario

The downside breakout of 859 would call for 834 and 820.

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 under its 20 day moving average (879.9605) but above its 50 day moving average (856.26).

Supports and resistances

968 **

953 *

939 **

924

879.94 (USD-last)

867

859 **

834 *

820 **

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