William-trading

EQUNIX - Bullish breakaway gap seen confirming the triple bottom

Long
NASDAQ:EQIX   Equinix, Inc.
EQUNIX was seen breaking above the resistance at US$690 neckline resistance of the triple bottom. Furthermore, a breakaway gap was seen on 28th July, which further confirms the return of the bullish trend. Bullish pennant was spotted and once prices breaks above US$714, we are likely to see further upside to US$755.
Comment:
Revelation: Strong bearish move down is first sign. though a rebound was seen the next day (hamrami), the 2 consecutive candle after that fails to break the resistance at 711
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