Equinix Inc may be highly valued but the strength in the chart can not be ignored, volume is in a steady increase despite those valuation concerns.
Indicators are all bullish and in particular the volume increase.
$600 looks like the inevitable target and if that breaks a sizable reward could be ahead for investors.
P/e ration 98
Company profile
Equinix, Inc. engages in the provision of collocation space and related services. It operates through the following geographical segments: Americas, Europe, Middle East & Africa and Asia-Pacific. The company was founded on June 22, 1998 and is headquartered in Redwood City, CA.
Indicators are all bullish and in particular the volume increase.
$600 looks like the inevitable target and if that breaks a sizable reward could be ahead for investors.
P/e ration 98
Company profile
Equinix, Inc. engages in the provision of collocation space and related services. It operates through the following geographical segments: Americas, Europe, Middle East & Africa and Asia-Pacific. The company was founded on June 22, 1998 and is headquartered in Redwood City, CA.