ASML/N trade ideas
$ASML: Not done yetWith the semiconductor index (SMH and SOXX) hitting some key levels today, we may see some sector rotation back into semiconductors regardless of the interest rate environment. ASML may benefit even more than the rest of the index if the dollar stays high. Good luck traders!
PRIMARY ANALYSISFrom the 1995 low to the current high, the magnitude of the swing is 1594.17 units
From 2020 crash low to current high has magnitude 618.59 units
The two swings have a ratio 1 : 2.618 between them which makes the convergent point (current high) a nodal point.
Analyzing with the cycle ranges, from 1995 to the low on 11/01/2016 has a magnitude 1089.57 units.
From the 2016 low to current high forms a swing magnitude 784.07 units
The cycle structure forms a root 2 growth spiral
784.07 * 1.4142 = 1108.73 units
1108.73 * 1.4142 = 1567.97 units
The variation here is with 1594.17 being 26.2 units more from 1567.97
1089.57 is 19.16 units short of the ideal 1108.73
If we rationalize then, 19.16 and 26.2 have a geometric mean = 22.41 units
1089.57 + 22.41 = 1111.41 units
The first smallest Cycle completed a 395 units wave which is 50% of 784.07 units
So we have a series:
395 - 784.07 - 1111.41 - 1567.97 units spiral
The current top is a strong resistance point for a wide correction.
Stop loss should be reasonably set above the current high
Good luck
Short ASML, mother of all bubblesRSI indicates it as overbought.
FED is going to start tapering soon.
As result big tech growth stocks are going to get slammed.
ASML Target 800$ still validGreat 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: www.asml.com
A lot of good news for this company, so risk of overproduction shouldn't be an issue in the next 2-3 years.
From the chart we see 800$ could be the next target in summer and ASML is now completly back in the old long term upward trend.
ASML should still riseASML 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!
$ASMLwith a Bullish outlook following its earnings #Stocks 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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ASML (NASDAQ) - Continue Go upGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
ASML (NASDAQ) - Continue Go up
ASML - New HighsASML broke out on big volume to a new high
looks very bulling
also biden could support the sector with the shortage looming
ASML: Bullish: Price Target $575ASML bounces off from Trendline and Support line. Price Target $575
Timeframe: within 4 weeks
$ASML with a bullish outlook following its earning releaseThe PEAD projected a bullish outlook for $ASML after a positive under reaction following its earning release placing the stock in Drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
ASML BUY OR LONG , TARGET UP TO : $460ASML confirms pattern " Rectangle " I will open Long right now, target ASML is same rectangle height.
ASML buy : $405
ASML target : $460
Stop loss : 6% .
Wish you good deals!
Option Play: ASMLStock closed at ATH’s on Friday, confirming the close outside of the “box” created since June. This move measures 50 points, so we’re shooting for around 452 for taking profit on any plays. After that a retest of 402-408 will be needed before price can continue. Make sure not to get greedy in your plays and trim/leave a runner. When the market moves, this stock does too, especially on gap days. Playing the 430c for 11/20. Good luck if you play!!
ASML in longterm uptrendthere is a clear reverse head and shoulders pattern going on with ASML, in combination with the ascending triangle it's seems's bullisch. one downside is that it tested resistence at the 50 moving average. but it is still in a longterm uptrend if u look at the 200 MA.
$ASML Holdings Analysis pre earnings
Potential risky long into earnings,
triple tops are less common and more likely breakouts.
Volume is impressive
Moving Averages adrift of price action, with gaps below.
Alert set for $402 to evaluate , not carrying into earnings as
Tech has had such a rally it is quite extended.
Breakout targets as per Fibonacci levels .
ASML-6.56*POWI $ASML (Asml Hld NY) vs. $POWI (Power Integrat)Quantamental Tools for Proprietary and Retail Investors.
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Long 100 $ASML
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Mean Reversion Time: 6 Trading Days
