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...
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 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...
SMCI is intimate with NVDA and the couple are doing quite well. I got some more at $750 and 2 days ago. Predictive Modeling is suggesting a $1000 price by Tuesday afternoon. That would be a 33% return in less than a week. The chart shows the bull flag after the reversal out of the down trend where I bought upon the mass index signaling. The AI indicator...
SMCI has been on an impressive trend up since the first day of the trading year. On the 15 minute chart It had a healthy 12% pull back about February 22-29 but then rallied again on a reversal upside to nearly the ATH of $ 1075 set on Friday 2/16. I note that traders like to trade SMCI on Fridays and likely are chasing same day expiration call options. I...
HCP is a computer infrastructure company. The December earnings were a 160% beat. Given the quicky evolving AI supertrend, the earnings might be expected to be another big beat. However, that could be baked into the price. However, the explosive volatility of the last trading session say otherwise. I will take a long trade here and chase this stock. I see it...
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...
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...
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...
Expecting the price to keep climbing with the trend lines backed with positive analyst expectations.
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...
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 -...
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...
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...