ASML Holding N.V. (ASML) has been trading within a long-term Channel Up (blue) and after it broke above the 1D MA50 (blue trend-line) more recently on November 01 2023, it went on a more aggressive (dotted) Channel Up.
The 1D MA50 is the key to its price action as not only did it hold on the previous Higher Low (January 17 2024) but also two days ago, which is...
As the close of April 16, 2024, right before the earnings, NASDAQ:ASML is moving to the end of the symmetrical triangle pattern as shown on the chart. The earnings will be the key for this stock to break out above or break down.
I have no positions in NASDAQ:ASML right now, but still holding $NASDAQ:NVDA.
I think ASML will decline with the Elliot correction wave after today's financials.
I think this correction could be up to $680-820 levels.
There is a gap around $ 780, at least I think this gap will be filled.
Every upward reaction in ASML above around $900 is an opportunity for a short position. As long as ASML remains below $1050, I plan to increase my...
On April 17, 2024, NASDAQ:ASML broke down from its trendline, as shown on the chart, after its earnings release.
Similar to NASDAQ:ARM , the breakdown occurred at the same time when it crossed below its 50-day moving average, which signified a sell signal for both stocks.
In light of the recent downturn in ASML sales, it's prudent to assess potential implications for the stock's trajectory. ASML faces lower than expected orders in Q1 amid industry downturn. CEO Peter Wennink remains optimistic about sector recovery in 2024. Orders dip to €3.6 billion, revenue at €5.3 billion. Our initial target lies at 826.1, where we anticipate a...
ASML (NASDAQ: NASDAQ:ASML ) emerges as a standout player with a unique position in the AI value chain. The company's recent announcement of next-generation high-NA EUV machines signifies a significant leap forward in chip technology, solidifying its position as a key enabler for semiconductor manufacturers. This article delves into NASDAQ:ASML 's pivotal role in...
With a Big WAVE 1 and 2 ASML has finished its cycle of long bearish cycle.
Now the opportunities lies for the 3rd wave where spiking in volume is a factor for 3rd wave. Similarly, Breakout of channel also justifies the 3rd wave move if ASML holds current position.
This wave should push the ASML with minimum target of 1200.
I am publishing a series of the best stocks with the highest growth rates that I expect over the next few years. Today with the ASML share with a target price of 1256$.
If you haven`t sold the regional top on ASML:
nor entered the dip before the previous earnings:
Then analyzing the options chain and the chart patterns of ASML Holding prior to the earnings report this week,
I would consider purchasing the 770usd strike price Calls with
an expiration date of 2024-1-26,
for a premium of approximately $15.85.
And looking at the...
ASML Euronext is currently exploring new price levels and has the potential to easily reach 1000 euros, representing a 25% increase from its current value. In the event of a price retracement to 710, consider employing Dollar Cost Averaging (DCA) by strategically purchasing between 800 and 720 euros. It is crucial to uphold support at 635 to sustain the current...
NASDAQ:ASML , the chipmaking equipment giant, witnessed a soaring 10% surge in its stock value following the announcement of its fourth-quarter earnings. The company reported record orders, outstripping analysts' expectations, and achieved a net profit of 2 billion euros ($2.2 billion) with sales reaching 7.2 billion euros ($7.8 billion). While this stellar...
NASDAQ:ASML FY24E outlook seems to be mediocre, management guided flat sales with a similar level of margins hence I don't expect strong earnings growth (if any)
Making some decent returns >25% overall in the past 4 months.
Will exit the stock for the time being and monitor it over the years. Will enter again at a cheaper price as I still do believe in the...
The year almost comes to an end and this allows us to look back at 2023 as well as looking forward to the new year. Overall ASML stock saw high volatility during the year, but in terms of total returns there was only a minor movement in stock price. With this being said, I would like to take a look at the final weeks of the year and the coming first half of...
ASML is a global leader in manufacturing semi-conductors but the share price has been lagging behind its competitors who are trading close to all-time highs. A breakout is inevitable but if it fails, it will track the 50-month moving average.
Why the 50-month MA?? The last time the stock ever closed below this level was in Sep and Oct 2022 and during the 2008...
ASML is a strong company who is planning to build more facilities in the US, I believe they are building one here in my home state of CT. 2,000 - 4,000 jobs could be added. The weekly chart looks great.
Some might see ASML as being richly valued, however it resides in the semi-conductor industry which has been seeing more growth in comparison to other...
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...
