After 4 quarters of huge earnings misses, despite this firms pretty darn good business model, going to try and make a bit on the downside. Limited risk. Sold 400 shares today.
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EQIX testing 50 day moving average. Y/day volume nearly double average volume so bit of profit taking on longs likely is 50d mvg avg gives way.
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50 day held. Mediocre close. Still short but cautious going into tomorrow. Will look to cover short if today's high falls tomorrow.
Short EQIX - will increase short if 50d mvg avg is cleanly broken. Close below ideal. Y/day volume nearly double daily avg so buyers might be skittish.