EQIX on the Edge: This Symmetrical Triangle Spark a BreakoutNYSE:BYD NASDAQ:EQIX
The stock is in a clear uptrend, supported by the rising 50-day moving average (green line) and 200-day moving average (pink line).
A symmetrical triangle pattern is visible, marked by converging trendlines (blue lines). This pattern suggests price compression and a potent