Equinix may rise to 855.00 - 869.00

780 is our pivot point.

Our preference

The upside prevails as long as 780 is support.

Alternative scenario

Below 780, expect 757 and 744.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 763.2535 and 759.8724). Finally, Equinix has crossed above its upper daily Bollinger band (794.98).

Supports and resistances

882 **

869 *

855 **

841

804.84 (USD-last)

789

780 **

757 *

744 **

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