Equinix may rise to 891.00 - 913.00

Our pivot point is at 775.

Our preference

The upside prevails as long as 775 is support.

Alternative scenario

The downside breakout of 775 would call for 738 and 717.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 792.746 and 774.3766).

Supports and resistances

936 **

913 *

891 **

869

818.88 (USD-last)

790

775 **

738 *

717 **

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