Equinix may fall to 632.00 - 661.00

Our pivot point stands at 803.

Our preference

Eye 661.

Alternative scenario

The upside breakout of 803 would call for 854 and 883.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under its 20 day moving average (774.919) but above its 50 day moving average (761.4288).

Supports and resistances

883 **

854 *

803 **

783

762.83 (USD-last)

690

661 **

632 *

603 **

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