Equinix may rise to 862.00 - 891.00

Our pivot point stands at 725.

Our preference

The upside prevails as long as 725 is support.

Alternative scenario

The downside breakout of 725 would call for 677 and 649.

Comment

The RSI is above its neutrality area at 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 765.2 and 756.0452).

Supports and resistances

921 **

891 *

862 **

833

773.84 (USD-last)

744

725 **

677 *

649 **

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