Learn to Evaluate (EQIX) using the Charts

February 07, 2024, 03:22 am ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EQIX

• Buy EQIX slightly over 812.75 target 852.18 stop loss @ 810.4 Details

The technical summary data tells us to buy EQIX near 812.75 with an upside target of 852.18. This data also tells us to set a stop loss @ 810.4 to protect against excessive loss in case the stock begins to move against the trade. 812.75 is the first level of support below 838.01 , and by rule, any test of support is a buy signal. In this case, support 812.75 is being tested, a buy signal would exist.

• Short EQIX slightly under 852.18, target 812.75, stop loss @ 854.64 Details

The technical summary data is suggesting a short of EQIX as it gets near 852.18 with a downside target of 812.75. We should have a stop loss in place at 854.64though. 852.18 is the first level of resistance above 838.01, and by rule, any test of resistance is a short signal. In this case, if resistance 852.18 is being tested, a short signal would exist.

Swing Trading Plans for EQIX

• Buy EQIX slightly over 839.34, target 852.18, Stop Loss @ 836.92 Details

If 839.34 begins to break higher, the technical summary data tells us to buy EQIX just slightly over 839.34, with an upside target of 852.18. The data also tells us to set a stop loss @ 836.92 in case the stock turns against the trade. 839.34 is the first level of resistance above 838.01, and by rule, any break above resistance is a buy signal. In this case, 839.34, 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 slightly near 839.34, target 812.75, Stop Loss @ 841.76. Details

The technical summary data is suggesting a short of EQIX if it tests 839.34 with a downside target of 812.75. We should have a stop loss in place at 841.76 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, 839.34, 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 839.34, target 843.38, Stop Loss @ 837.38 Details

If 839.34 begins to break higher, the technical summary data tells us to buy EQIX just slightly over 839.34, with an upside target of 843.38. The data also tells us to set a stop loss @ 837.38 in case the stock turns against the trade. 839.34 is the first level of resistance above 838.01, and by rule, any break above resistance is a buy signal. In this case, 839.34, 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 slightly near 839.34, target 834.32, Stop Loss @ 841.3. Details

The technical summary data is suggesting a short of EQIX if it tests 839.34 with a downside target of 834.32. We should have a stop loss in place at 841.3 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, 839.34, 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.

Check the time stamp on this data. Updated AI-Generated Signals for  Equinix Inc. (EQIX) available here: EQIX.

EQIX Ratings for February 07:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	769.49
P2	834.32	839.34	812.75
P3	843.38	860	852.18

AI Generated Signals for EQIX

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Equinix Inc. (NASDAQ: EQIX) report below can help you understand how to do this. The trading plans for EQIX, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.