EQIX ready for a fall?

I posted a more thorough (though still brief) analysis of EQIX in this article at Seeking Alpha.  The short version is that hedge funds are loaded up with EQIX and it recently broke to the downside of a 2 year rising wedge.  Given that hedge funds aren’t exactly known for their collective patience, there may be a rush for the door should the recent weakness accelerate.  It’s also worth noting that the moneyflow turned sharply negative as the stock push to its highs (both daily and weekly), a solid confirming indicator of froth.

I am short EQIX.  I’d love to be doing it with put options, but the premium is a little too pricey for my taste.

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