The Traderszone Network

Published in TZ Latest News 31 July, 2015 by The TZ Newswire Staff

Top Data Center Operator Near High After Q2 Results

Equinix (EQIX) is in buy range past a 274.23 buy point from a shallow cup pattern. Shares broke out July 24 in just average trade, but climbed for five straight sessions. The stock’s RS line hit a new high as it broke out, helping confirm the move. The base was early-stage after a big reset in 2013. On Wednesday, Equinix reported that Q2 revenue expanded by 10%, extending a long streak of double-digit gains.

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