ASML Holding | ASML | Long at $680.00
Updated
ASML Holding, a developer and servicer of advanced semiconductor equipment systems for chipmakers, dipped backed into my overall, long-term selected simple moving average (SMA). From here, stocks typically bounce or drop, but given the AI boom is far from "over", I anticipate another bounce to eventually close the gap near $1,060. It may show some minor weakness to close the gap in the low 600s and get the bears excited. But, unless the economy further shows major weakness in the semiconductor space, ASML is in my personal "buy zone" at $680.Target #1 = $730.00
Target #2 = $915.00
Target #3 = $1,060.00
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Target #1 reached for a 7.4% gain.
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