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Equinix Inc. (EQIX) – stock is trading around $566.45 dollars as of September, 23, 2019 and offering a possible buying price between $562.57 – $590.70. Let’s look at the stocks technical actions using a weekly chart.
2. The stock breakout back in mid February.
3. Then the stock staged a solid run for many months with occasional and mild bull pack.
4. The stock witnessed a quick consolidation in July and digested the gains and resumed the trend.
5. The stock recently successfully tested the 50 day moving average support, as well.
6. Also, the stock support at the 50 DMA many time during the run.
7. The stock is offering possible buying price between $562.57 – $590.70, with a stop loss at $517.56.
This stock is already part of the Stocks Above 100 Dollars pick and performance will be tracked here .
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