Equinix may rise to 839.00 - 853.00

Our pivot point stands at 766.

Our preference

The upside prevails as long as 766 is support.

Alternative scenario

The downside breakout of 766 would call for 745 and 732.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 771.735 and 769.9224).

Supports and resistances

866 **

853 *

839 **

826

786.82 (USD-last)

775

766 **

745 *

732 **

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