Equinix may fall to 641.00 - 671.00

Our pivot point stands at 813.

Our preference

As long as 813 is resistance look for 671.

Alternative scenario

The upside breakout of 813 would call for 863 and 893.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the stock is trading above its 20 day moving average (756.4955) but under its 50 day moving average (767.7022).

Supports and resistances

893 **

863 *

813 **

793

760.22 (USD-last)

701

671 **

641 *

611 **

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