ASM trade ideas
ASM is squeezed. What is next? Up or down?
As it is seen from the chart, down trend is squeezed in the triangle. If it can escape from the upper bound in a few days, our next target is 540 and then 600. Otherwise, we may see 450 :(
ASM: $114 | water processing Tech a goldmine towards $600positioned for the next generation technology requirements
Buying ASM on dips.ASM International - Intraday - We look to Buy at 232.1 (stop at 219.8)
Levels below 230 continue to attract buyers.
Trading has been mixed and volatile.
A lower correction is expected.
Bespoke support is located at 230.
Further upside is expected although we prefer to buy into dips close to the 230 level.
The primary trend remains bullish.
Our profit targets will be 262.9 and 272.9
Resistance: 270.0 / 280.0 / 290.0
Support: 255.0 / 245.0 / 230.0
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ASM: Descending Triangle Break Incoming? ASM International - Short Term - We look to Sell a break of 279.90 (stop at 291.90)
The medium term bias remains bearish. Trades with a bearish descending triangle formation. A break of bespoke support at 280.00, and the move lower is already underway. After strong selling pressure at the start of the week the pair consolidated yesterday with little net change and all price action within the lower half of the previous day's range.
Our profit targets will be 252.10 and 233.00
Resistance: 310.00 / 350.00 / 400.00
Support: 280.00 / 250.00 / 220.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ASM - Wave 3 finished? The company fundamental is strong. According to my analysis, wave 3 has touched the 1.236 point. Still waiting to see if this wave has ended or it will continue to make higher high to 1.618.
ASMI ; ResistanceI'm watching the resistance for the coming days.
If it goes through the 213 trend reversal is confirmed
ASM possible upside moveDaily and 4h bullish divergence, retested support level and broke supplyline
ASM BUY OR LONG TARGET UP TO $180 ASM has confirmed the "SHS" pattern is bullish , open long here and stop loss is at: $122
Buy : $128 +- $0.5
Stop loss : $122
Target : $175 +-3
Wish you good deals !
Close positionEarlier I sold putoptions on this stock. Now it's time to cover this shotrt position and take your profit. I ex [ect the stoch to fall back to the € 100 level. At that level I will go long again since I expect ASMI to reach the € 130 level this year.
Sell putoptions to benefit of this correction.This company is in transition. A new CEO will be introduced this year and the company has e minority stake in a ASM Pacific Technology and I expect ASMI to sell this stake.
ASM International bullish to $103AVERAGE ANALYSTS PRICE TARGET $15
AVERAGE ANALYSTS RECOMMENDATION Overweight
P/R RATIO 15
COMPANY PROFILE
ASM International NV engages in the research and development, design, manufacture, and sale of equipment, and provision of service to customers for the production of semiconductor devices and integrated circuits. It operates through the Front-end and Back-end segments. The Front-end segment manufactures and sells equipment used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. The Back-end segment manufactures and sells equipment and materials used in assembly and packaging, encompassing the processes in which silicon wafers are separated into individual circuits and subsequently assembled, packaged, and tested. The company was founded by Arthur H. del Prado on March 4, 1968 and is headquartered in Almere, the Netherlands.
ASM International (Euronext) - short-entryH&S reversal pattern at the end of a long uptrend in combination with broader market weakness (including semiconductors). Worth looking at for some short exposure.
EURONEXT:ASM
