Equinix Inc. Common Stock Rei EQIX Trading Advice

July 01, 2022, 17:15 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Equinix Inc. Common Stock Rei (NASDAQ: EQIX) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for EQIX change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if EQIX is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for EQIX too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for EQIX

• Buy EQIX slightly over 639.97 target 694.99 stop loss @ 638.12 Details

The technical summary data tells us to buy EQIX near 639.97 with an upside target of 694.99. This data also tells us to set a stop loss @ 638.12 to protect against excessive loss in case the stock begins to move against the trade. 639.97 is the first level of support below 673.03 , and by rule, any test of support is a buy signal. In this case, support 639.97 would be being tested, so a buy signal would exist.

• Short EQIX under 694.99, target 639.97, stop loss @ 697 Details

The technical summary data is suggesting a short of EQIX as it gets near 694.99 with a downside target of 639.97. We should have a stop loss in place at 697though. 694.99 is the first level of resistance above 673.03, and by rule, any test of resistance is a short signal. In this case, if resistance 694.99 is being tested, so a short signal would exist.

Swing Trading Plans for EQIX

• Buy EQIX slightly over 694.99, target 696.63, Stop Loss @ 692.98 Details

If 694.99 begins to break higher, the technical summary data tells us to buy EQIX just slightly over 694.99, with an upside target of 696.63. The data also tells us to set a stop loss @ 692.98 in case the stock turns against the trade. 694.99 is the first level of resistance above 673.03, and by rule, any break above resistance is a buy signal. In this case, 694.99, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short EQIX near 694.99, target 657.88, Stop Loss @ 697. Details

The technical summary data is suggesting a short of EQIX if it tests 694.99 with a downside target of 657.88. We should have a stop loss in place at 697 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 694.99, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for EQIX

• Buy EQIX slightly over 694.99, target 696.63, Stop Loss @ 693.37 Details

If 694.99 begins to break higher, the technical summary data tells us to buy EQIX just slightly over 694.99, with an upside target of 696.63. The data also tells us to set a stop loss @ 693.37 in case the stock turns against the trade. 694.99 is the first level of resistance above 673.03, and by rule, any break above resistance is a buy signal. In this case, 694.99, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short EQIX near 694.99, target 659.05, Stop Loss @ 696.61. Details

The technical summary data is suggesting a short of EQIX if it tests 694.99 with a downside target of 659.05. We should have a stop loss in place at 696.61 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 694.99, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

EQIX Ratings for July 01:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Weak
P1	0	0	639.97
P2	634.03	657.88	694.99
P3	659.05	696.63	750.26

Support and Resistance Plot Chart for EQIX

Real Time Updates for Repeat Institutional Readers:

Factset: Request User/Pass

Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.