Equinix, Inc (EQIX) : Bullish chart forming

Like Akamai, Equinix (EQIX) is in the business of data centre services.

On the Ichimoku chart, we can see that EQIX has rally from July 19 ; where it first has the bullish Tenkan sen – Kijun sen cross below the kumo.

It hit kumo resistance at around $94 and seems to be consolidating for a breakout which may bring it back to the $100 range.

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By iam802

Trend trading with Ichimoku