EQIX is coming off a long-term bullish trend and is now in a deeper corrective phase.
Price is currently sitting at a major decision zone, where a rising long-term trendline meets a short-term downtrend.
Technical Structure
• Long-term trend: Bullish
• Medium-term trend: Bearish
• Price below the moving average → bearish pressure remains
• Formation: Compression / wedge-type structure
Key Levels
• Immediate Resistance:
810 – 825
• Higher Resistance:
870 – 890
• Critical Support:
760 – 770 (ascending trendline)
• Next Supports if Broken:
720 → 680
Bullish Scenario (Reversal / Relief Bounce)
If:
• Price holds above 760–770
• Breaks above the descending trendline
➡️ A relief rally or trend reversal becomes likely.
Upside Targets:
825 → 880 → 920
Bearish Scenario (Continuation Lower)
If:
• Daily close below 760
➡️ The correction likely extends further.
Downside Targets:
720 → 680 → 620
Final Takeaway
EQIX is at a critical inflection point.
Holding above 760 keeps the long-term bullish structure alive.
A breakdown would signal a deeper structural correction.
Price is currently sitting at a major decision zone, where a rising long-term trendline meets a short-term downtrend.
Technical Structure
• Long-term trend: Bullish
• Medium-term trend: Bearish
• Price below the moving average → bearish pressure remains
• Formation: Compression / wedge-type structure
Key Levels
• Immediate Resistance:
810 – 825
• Higher Resistance:
870 – 890
• Critical Support:
760 – 770 (ascending trendline)
• Next Supports if Broken:
720 → 680
Bullish Scenario (Reversal / Relief Bounce)
If:
• Price holds above 760–770
• Breaks above the descending trendline
➡️ A relief rally or trend reversal becomes likely.
Upside Targets:
825 → 880 → 920
Bearish Scenario (Continuation Lower)
If:
• Daily close below 760
➡️ The correction likely extends further.
Downside Targets:
720 → 680 → 620
Final Takeaway
EQIX is at a critical inflection point.
Holding above 760 keeps the long-term bullish structure alive.
A breakdown would signal a deeper structural correction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.