0II4 trade ideas
$EQIX Equinix Breakout Setup
Possible long above $731
Upside target $767 .
Nice breakout Wednesday
MACD reversing.
RSI bullish and room to run
Volume spiking
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Equinix, Inc. engages in the provision of collocation space and develops data centre solutions. The firm offers secure key management, consulting, network virtualization, customer support, and managed 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.
Strategic Portfolio Optimization ahead of a Changing Economy Today marked statistically a change in a few parts of the economy here in the U.S. First and foremost, I will be being active in actually acting forward looking by protecting certain aspects of my portfolio with certain sector risk exposure. Protecting my capital in terms of both capital loss of YTM and also exposure to inflation specific-asset classes. I will be adding long REIT's such as $EQIX for long term holding of varying a few months if not over a year, with additional non-marginalized positions to come.
The transition from deflationary (heavy depressionary) to stagflation, which today showed the first technical data prints of such. Regaurdless, we still technically aren't in a recession according to the trule book, so the last thting I'm trying to to suggest right now us to follow the rules.
Equinix Inc Attempts BreakoutEquinix 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.
[Idea Long] EQIX and REITsAs we face a possible recession, lower interest rates, and future QE, real estate sounds like a good investment.
Indeed, as the stock market sells off we see this technology REIT, EQIX, poking at new highs in an ascending triangle. I've been watching this hoping for a pullback, but it hasn't really come. In hindsight, this REIT and others have performed amazing as interest rates fell.
I will patiently wait for an entry. Maybe it comes when the stock market looks like it's collapsing.
$EQIX Bullish Pennant - $16M Unusual Options Activity$EQIX Has formed into a bullish pennant in the last week after a strong post-earnings run up. Price has also broke out of a long term bull flag that began after November 2017 peak.
Expecting this to break higher in the near term...monitoring for a move above $430 on decent volume.
Medium term target - $460 by mid-April
Long term target - $495+ by 4th of July
Adding to the bullish sentiment, there was some unusual options activity today with ~3,600 March 15th (near-term) $360-$380-$390-$400 strike calls traded vs combined OI of only ~700 for a total premium outlay of over $16M. All of these options are fairly deep in the money with very high premiums (avg price $4,600 per contract).
Also of note, Equinix executives will attend three upcoming investor conferences (note: all occur prior to the March 15th expiration on above call options):
-- CECP 2019 CEO Investor Forum in New York City, New York, on Monday, February 25 . Peter Van Camp, Executive Chairman will present at 3:55 p.m. EST.
-- Morgan Stanley's 2019 Technology, Media & Telecom Conference in San Francisco, California, on Tuesday, February 26 . Keith Taylor, Chief Financial Officer will present at 4:35 p.m. PST.
-- Citi's 2019 Global Property CEO Conference in Hollywood, Florida, on Monday, March 4 . Charles Meyers, Chief Executive Officer and Keith Taylor, Chief Financial Officer will present at 2:15 p.m. EST.
Note: Informational analysis, not investment advice.
Forming Complex Head & ShouldersPositive daily momentum will provide minor wave up ≈10% before probably bouncing off supply line. Initial PT 390. This pullback will provide opportunity to buy cheaper shares of company w/ high growth rate. It's like the Amazon of cloud connectivity. (its PE is insanse just like amazon's too due to growth potential.)