ASML Holding (ASML) approaching a significant zone of support, able to absorb monthly selling pressures. Currently, there are two dynamics at play for (ASML). If (ASML) drops into the zone of support, the stock can rotate higher and elicit gains of 20% over the following 3 - 5 months. Also, there is nearby resistance that if settled above, would also elicit...
If you haven`t sold the top here: Then analyzing the options chain and the chart patterns of ASML Holding prior to the earnings report this week, I would consider purchasing the 140usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $16. If these options prove to be profitable prior to the earnings release, I would sell...
Weekly Chart of ASML ASML is now in a major Corrective Wave. Waves A and B have been completed. Wave B was a complex WXYXZ wave where Z was a contracting triangle pattern. Wave C projection is between 100 to 123.6 percent of Wave A. Therefore, ASML may descend to 250 by next year or even lower.
Hello traders! Today we are going to have a look to ASML chart. ASML was in an uptrend for a long time but in November 2021 it has started the downtrend. We expect the price go down to the support line and bounce from there towards the downsloping resistance. When the price reach the support it is time to enter long position. Do you agree?
ASML was trading in an upward channel since November 2022. Price has broken down the lower trendline of the channel. A W pattern was in formation in August-September 2023 but ASML wasn't able to break the neckline. ASML is now at .382 retracement level. If it loses support now, next destination is .5 level - 570.
The PEAD projected a bullish outlook for NASDAQ:ASML after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%.
ASML has broken below a trend line and confirmed it with a secondary weaker test and during this test we formed a Bearish Abandoned Baby, some MACD Bearish Divergence, and printed a Bearish PPO Volatility Circle. With all this confirmation at the potential Cypher PCZ, I'd say we have a pretty good chance of this Cypher playing out instead of the deeper .886/1.13 Shark.
Analyzing the options chain of ASML Holding prior to the earnings report this week, I would consider purchasing the 760usd strike price Puts with an expiration date of 2023-7-21, for a premium of approximately $20.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
🔹Forming inverse head and shoulders pattern. 🔹Breaking resistance at 793 indicates further rise. 🔹POSITIVE signal from Rectangle formation breakout resistance at 668; Next resistance at 762. 🔹Technically POSITIVE for medium-term long-term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC -...
looking for retrace back to B leg of the bearish cypher, possible handle being created for the cup/handle breakout set up on the monthly chart.
on the daily timeframe, the price is approaching the support line of the rising wedge, which, if broken, could indicate a potential drop. Also, note that there's a gap just below the 0.5 of the Fibonacci, which is begging to be filled. A drop to the order block ($550) could result in a bounce. A previously occurring golden cross followed by support found twice on...
Looking at the weekly chart of ASML since January 2021, the price reached an all-time high in November 2021, followed by a downtrend. A bottom formed around €400, with a low point of €372. Regarding the pattern, a W-formation seems more appropriate than a Head and Shoulders pattern, given the left shoulder dips rather deep. The upward trend within a somewhat...
Entry: with price above 747.14 Volume: with volume greater than 1.41M Target: 789 area Stop: Depending on your risk tolerance; 733.20 gets you 3/1 Reward to Risk Ratio. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
NASDAQ:ASML swing trade bullish sentiment Breakout from the Inverse Head and Shoulders
ASML is shown here on the one-hour chart as having a great quarter with consecutive favorable earnings It has moved above the blue volume trading range on the profile. The accumulation distribution indicator shows persistent and high accumulation. The volume heat map shows recent heat volume spikes. Since ASML has products essential to chip- manufacturing...
Flag drawn. Strong volume and green day yesterday. On close watch for a breakout.
The PEAD projected a bullish outlook for NASDAQ:ASML after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 71.43%.
Looking for a temporary correction followed by another impulse