Trading Idea for Equinix Inc. (NASDAQ)
#EQIX
The overall trend is upward. The lower border of the ascending price channel and the price pivot zone of 585.20 held back sellers. Stochastic Oscillator signals oversold conditions. Breaking through 681.67 will result in the formation of an ascending pattern of 1-2-3.
Trading idea:
Buy above 681.67.
Stop Loss: 585.20.
Target: 797.60.
