Equinix, Inc., (NASDAQ: NASDAQ:EQIX ) a global leader in data center operations, has announced a groundbreaking initiative to invest $390 million in Africa over the next five years. This bold move underscores Equinix's commitment to expanding its presence in African data center market. With a focus on South Africa, West Africa, and potential opportunities in East...
Reasons for bullish bias:
- Price forming a bullish rectangle
- Entry is at breakout of rectangle for further confirmation
Entry Level (Buy stop): 828.70
Stop Loss Level: 784.23
Take Profit Level 1: 865.40
Take Profit Level 2: 917.64
Introduction:
This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss.
Strategy Overview:
Main Indicators: DMI, ADX, ATR
Time Frame : Variable, based on the DMI length (Default: 14 days)
Objective: To...
Equinix, Inc. is an American multinational company headquartered in Redwood City, California, that specializes in Internet connection and data centers. The company is a leader in global colocation data center market share, with 248 data centers in 31 countries on five continents.
On watch for an upside base breakout.
This company deals with renting out Commercial Real Estate, mostly to do with Datacenters and other Internet Connected Operations, and due to that, this makes it a perfect stock to get Bearish Exposure to if you are both Bearish on the AI Big Tech Mania and Bearish on Commercial REITs
One of the main risks for this stock is if their biggest clients, like MSFT and...
Price is Not to EL (Long entry level) as it has not broken the high on the left side of the V.
Possible bearish divergence between price and RSI (an orange line marks this divergence)
This was traveling in a rectangle before it broke to the downside.
It is back inside the horizontal trading channel once again, bound by a resistance line until broken and saved...
The PEAD projected a Bullish outlook for $EQIX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 57.14%.
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.
Price is below the support line of the rectangle and is below the 50% retracement of the trend up.
ATH 885.26.
No recommendation.
FFO (FWD)
20.23
P/FFO (FWD)
28.59
Div Rate (FWD)
$12.40
Yield (FWD)
2.14%
Short Interest
1.22%
Market Cap
$53.54B
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted...
The PEAD projected a Bullish outlook for $EQIX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
The PEAD projected a Bullish outlook for $EQIX after a Bullish Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%.
The PEAD projected a Bullish outlook for $EQIS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 71.43%.
