Equinix may rise to 897.00 - 919.00

Our pivot point stands at 789.

Our preference

The upside prevails as long as 789 is support.

Alternative scenario

The downside breakout of 789 would call for 752 and 730.

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 809.4485 and 787.8814).

Supports and resistances

941 **

919 *

897 **

874

827.96 (USD-last)

803

789 **

752 *

730 **

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