EQIX: A way to Short AI & Commercial Real Estate in One StockThis company deals with renting out Commercial Real Estate, mostly to do with Datacenters and other Internet Connected Operations, and due to that, this makes it a perfect stock to get Bearish Exposure to if you are both Bearish on the AI Big Tech Mania and Bearish on Commercial REITs
One of the main risks for this stock is if their biggest clients, like MSFT and AMZN begin to shift away from using Equinix datacenters in favor of creating and using their own in order to save on costs. If MSFT's recent earnings call is anything to go off of, they are currently desperate to increase profit margins and reduce the costs associated with their business operations especially the costs associated with working with third parties.
One area in which they could cut costs would be to reduce their reliance on Equinix datacenters, but in general as the AI Mania begins to wind down we could likely see the Equinix enterprise consumer base shrink even more, in which case we could see price begin to correct to reflect upon their lower cashflows as both the AI and Commercial REITs sectors continue to slow.
Beyond that: We have a Bearish Shark with MACD and PPO Bearish Divergence and PPO Arrow Confirmation; with hardly any support below us. If it plays out we could see a decline of about 50% from the current price level.
Azure
XAUUSD BullRUNOANDA:XAUUSD
We are currently expecting the GOLD market to continue rising and allow us to entry the market with long position, this is depending on breaking the resistance of 1825.86 level.
If the market breaks this level we are going to wait for a retest of the zone, use it as our support and entry the trade.
MACD shows a continuous bullish trend.
Basically there is descending channel pattern that has broken multiple times now and yesterdays break was pretty significant as the market seems to use 1774 level as a support again after 1month. Regarding this, if the market keeps bullish we are on a good way to get our profit.
Entry: 1825.86 (aprox.) - if retested
Let me know what u think.
Microsoft channel break AnalysisFundamental / Technical / News analysis
Microsoft earnings were positive.
But they were not enough to break this channel since June 10th.
Today we gapped above resistance, breaking the channel.
This was caused due to Microsoft winning the JEDI contract from the US government; who beat Amazon, Oracle and IBM cloud platforms.
Revenue from the JEDI contract is estimated at $10 billion over 10 years.
The value of the contract isn't significant to Microsoft market cap of $1 trillion (1%), specially as it will take a decade to get.
However, Microsoft earnings gave Azure (cloud service) a lot of importance. Beating its competition in this area, will boost sentiment. After all... we did break resistance on this specific news! Price talks more than anything.
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source: bitcoinexchangeguide.com
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btcmanager.com
Your'e welcome.
Lots of potential growth here.