Equinix Inc (US: EQIX) rallied after breaking the ascending triangle based on our report dated 31st August. Heavy selling was observed upon reaching our target price 1 at US$883.80. Despite the strong selling, prices rebounded from the key support zone at US$727.48-US$745.82. Further technicals indicate that the bull run should continue:
*Expected timeline of the trade is 15 weeks from the date of report issuance.
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