Watch the Rectangle on EQIX closely. Trade with professional charting tools.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Bearish continuation if preceding move was down.
Bearish continuation pattern.
EQIX is showing interesting structural developments at $1059.84. Price has moved to $1059.84 (-0.27%) amidst recent volatility. Algorithmically, a Bearish Flag structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $1039.56, targeting $864.96 with support near $1107.15 (R:R 2.58).
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