To me it appears that ASML is either in wave 1 of cycle wave V, or we are in a complex correction still for wave IV. I will keep this one on watch for either the wave 2 dip buy, or the wave Y dip buy. Either way this stock has a date with 1000+ before topping
The PEAD projected a Bullish outlook for $ASML after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
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Hello,
I think ASML is starting starting Elliot wave C. Fibonacci target is 608$ or -22%!
This would make sense in times of supply chain issues and semicoductor crisis.
I really hope the best for this company though.
This is not finacial advice.
When the Globes largest Semiconductor FAB, dumps 4% in one day...
It might be a warning sign of Price action ahead.
We continue to position into a Put Calendar Spread for the SMH
from 240 - 270.
We will begin to acquire 400 Puts within November 19 through
December 17 Time Range.
We believe there is an opportunity beginning today and are acting
on what we see...
I buy low and hold.
I will add to my winning trades.
I will do macro economic analysis.
I will not be fooled by technical patterns.
When a good stock goes down fast with no bad news the market is scared.
I will not get scared.
From now on I am in control.
ASML crossed the lower 2-sigma border of the Exponential Regression Channel, now it is returning into the green trend region, which is a Buy signal and can be Traded with a small SL of 7%. Expected holding time is 44 days; until end of November the trend should continue.
With the semiconductor index (SMH and SOXX) hitting some key levels today, we may see some sector rotation back into semiconductors regardless of the interest rate environment. ASML may benefit even more than the rest of the index if the dollar stays high. Good luck traders!
From the 1995 low to the current high, the magnitude of the swing is 1594.17 units
From 2020 crash low to current high has magnitude 618.59 units
The two swings have a ratio 1 : 2.618 between them which makes the convergent point (current high) a nodal point.
Analyzing with the cycle ranges, from 1995 to the low on 11/01/2016 has a magnitude 1089.57 units.
From...
Great times for ASML with a booming market in semiconductors should rise margins and demand on their products.
EUV is in high demand and only 55 may be delivered: optics.org
Biden want to push 37$ billion dollars in semiconductors: www.reuters.com
A new tsmc factory should be build in phoenix: www.reuters.com
DUV is in the piple for the next years for ASML:...
ASML is trending up since years and have additional a good outlook. As supplier of hardware for semiconductor they have a high demand on their machinery.
A strong buy for this stock. I bought some ... even inflation should help this stock!
The PEAD projected a Bullish outlook for $ASML after a Positive under reaction following its earnings release placing the stock in drift A
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Pra Trading :
- Please care for Money Management
- Have a good psychology
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