Equinix: The Trend Continues Up (EQIX)
Jan 21, 2010 (SmarTrend(R) Spotlight via COMTEX) --
Company: Equinix, Inc. (EQIX)
SmarTrend identified an Uptrend for Equinix (NASDAQ:EQIX) on November 04, 2009 at $91.03. In approximately 3 months, Equinix has returned 16.4% as of today's recent price of $105.99.
Equinix is currently above its 50-day moving average of $101.88 and above its 200-day moving average of $84.34. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Equinix shares.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: Equinix, Inc. (EQIX)
Related terms: market, nasdaq, securities
