Yes, there is a huge bull flagAs many other stocks, punished by the algos, ASML has created a bull flag like in tesla, offering a 40% of return.
ASME trade ideas
ASML KEY S/R ZONE ON THE WEEKLY! MOAT COMPANY! 55% UPSIDE! NASDAQ:ASML just did a Wykoff under it's key Support/ Resistance zone over the last 5 years on the weekly chart! If we hold here and start to bounce upward on the chart, MACD, Stochastic, and RSI we could be in for a major upward move back to All time highs! I don't believe the sell off has been way over done for such a solid MOAT company!
ASML Growing Strongly Despite Falling Order Bookings
ASML Holding N.V., one of the leading technology suppliers in the semiconductor industry, has reported its financial results for the third quarter of 2024, reporting solid growth despite the challenges faced. The company achieved net sales of €7.5 billion, representing a 20% increase over the previous quarter. This growth was driven mainly by demand for its advanced lithography systems, essential for chip manufacturing, with sales of 106 systems in the latest quarter, up 19% from the year-earlier period.
However, ASML is facing a notable decline in net orders, which fell by 53%. This drop reflects a near-term slowdown in demand, forcing the company to adjust its expectations for fiscal 2025. ASML has revised down its revenue projection, now estimating between €30 billion and €35 billion, a sign that uncertainty in the market could affect its future performance.
Despite these challenges, ASML maintains a robust gross margin of over 50%, demonstrating its ability to remain profitable even in a challenging economic environment. In addition, free cash flow also improved significantly, reaching €534 million, with a margin of 7%, which strengthens its financial position and its ability to cope with the conditions of a challenging economic environment.
On the technical side, the company has lost value from the $1,110.09 it was valued at in July, to the $677.12 to which it plummeted between its highs and October 16, especially the latest results have affected to reduce its value by almost -23% in a matter of 2 trading days. On Friday its shares partially recovered in price and a recovery could be seen as the company is highly oversold at 37.77% and its checkpoint marks us that the average trading zone is located in the direction of $920. The delta indicator marks a zone to return to near $735, so if we begin to see signs of price recovery. It means that the company has a chance of a partial price recovery.
With growing global demand for semiconductors driven by emerging technologies such as artificial intelligence, ASML remains a key player in the sector. Its ability to innovate and stay on the cutting edge of technology makes it an attractive option for long-term investors, despite volatility in orders.
Ion Jauregui – ActivTrades Analyst
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ASML eyes on $675 then 600: Earnings drop to support a buy? ASML dropped to a significant sujpport after earnings.
More dip to major support below would be ideal buy.
Many dark clouds above, so scalps or long term adds.
$ 673.43 - 677.93 is immediate but moderate support.
$ 591.87 - 603.14 is Major support plus round number
$ 730.99 - 743.81 is the fist resistance to break above.
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SELLS ON ASML💡 Today we analyze ASML Holding N.V. (ASML)
ASML has performed well since October 2022, but currently shows signs of weakness.
1. Break of bullish trend: Since July 2024, the stock has broken its bullish trend.
2. Bearish trend: A new bearish trend has formed with decreasing lows, indicating a possible continuation of the decline.
3. Technical analysis: A clear break above the bearish trend established since 2019 would require the price to exceed €800.
4. Macroeconomic factors: Economic uncertainty and the potential slowdown in demand for semiconductors could affect ASML’s projections.
This analysis is not an investment recommendation.
ASML road to 11560Buy the dip they said, youll be rich they said. Well, i realy think this is it! At least for ASML. The compamy is the only one in the world who build machines that can produce chips. We live in a time with ai getting more advanced and i dont see ASML not being thge biggest player here. Lets see what the future brings.
ASML (ASML): Massive Sell-Off - What's next after the $50B loss?We are sure you’ve heard about ASML’s massive drop yesterday, erasing $50 billion in market value within hours following a technical error and the earnings report published a day earlier. ASML, Europe's most valuable tech company and a critical supplier to chipmakers, is now facing doubts—not about its long-term prospects but regarding short-term sales and whether it can continue to outperform the market in the long term.
As always, we’re not focused on intraday trades but are looking for bigger, high-risk-to-reward swing trade setups. To assess this, we’re turning to the Weekly chart to analyze ASML’s most important levels. Our most likely scenario at this point is that the All-Time High represents a wave B, after exactly respecting the 138% Fibonacci extension level. Coupled with the bearish divergence on the RSI, this pullback was expected.
While it's difficult to predict the exact point of reversal, we see $600 as a major psychological support level that could hold in the short term. To reverse the current downtrend, ASML must break above the resistance zone of $850–$895. However, as this is a potential wave ((ii)), even reaching the All-Time High is not out of the question. Merely reclaiming this resistance zone might not be enough to signal a trend change.
We’re keeping an eye on all major support zones, but the largest position we plan to open would be between $250 and $140. While this is still far off, and there will likely be opportunities along the way, this zone would provide the most textbook setup according to Elliott Wave Theory. The recent dip has also opened up more potential plays for the future.
Stay tuned as we monitor the situation for further developments! 🔥
Long Term setup. Watch broken support or nextLong term investment. This stock have declined sharply in the last 2 days since report came before scheduled announcement. Projections on forecast earning 2025 are expected to be lower now since last report. This stock is the foundation of all semiconductors. On the negative side is about the pressure from USA if they continuing selling product to China.
LONG TERM TARGET 2000$. Enjoy and keep it clean.
ASML Holding Falls! Short Trade Hits TP1, More Targets AheadASML Holding has shown a strong bearish movement, reaching Take Profit 1 (TP1) at 742.16.
Key Levels
Entry: 792.37 – A short position was initiated at this level, guided by the precision of the Risological Swing Trader.
Stop-Loss (SL): 832.99 – Positioned above recent resistance to protect against a potential reversal.
Take Profit 1 (TP1): 742.16 – Already achieved, confirming the effectiveness of the short setup.
Take Profit 2 (TP2): 660.92 – The next target in line as downward momentum continues.
Take Profit 3 (TP3): 579.68 – A further target if the bearish trend persists.
Take Profit 4 (TP4): 529.48 – The ultimate target, indicating a significant decline.
Trend Analysis
The price is moving firmly below the Risological Dotted trendline, indicating a strong downtrend. The sustained bearish pressure suggests the potential for further declines towards TP2 and beyond.
With TP1 already hit, ASML Holding continues to show promise for further downside, guided by the Risological Swing Trader. The short trade remains positioned to capture additional opportunities as the trend continues to favor the bears.
ASML correcting lower against October-2022 lowASML favors pullback in correction against October-2022 low in possible zigzag or complex correction. It favors lower in 5 of (A) and soon can bounce in (B) against July-2024 high.
LOOKING CERTAIN to the downward movement on catalystThe catalyst was suitable as both revenues and EPS were beaten, and future earnings see a bigger jump, making it better, but due to the glitch and other technical pointing to a continuing pattern, a 5-10% change may still be in play and not priced in.
10/15/24 - $asml - buying sub $730 here...10/15/24 :: VROCKSTAR :: NASDAQ:ASML
buying sub $730 here...
- booking drop. k
- "AI" is dead... nope
- one of the few hard to replace co's in the semi's space
- unclear where bottom is b/c the drop is so extreme. pods get rekt and need to deleverage
- 25x PE (on perhaps inflated EPS) still expensive
- but a good LT entry at this pt
- making it a 2% position to go - swingin' a bit on the big drop
- would make it closer to 3-5% as we get closer to the mid 600s
- stay safe.
- lol
V
ASML Bear Flag BreakBig dump on ASML after an earnings leak. Broke well below the bear flag it had been forming. Currently stalling near a previous low at 733. That'll be the line in the sand for me. Bullish above, bearish below.
ASML Perhaps the most structured buy in the market!ASML Holding (ASML) has been trading within a 2-year Channel Up pattern since the October 13 2022 Low. The recent September 10 2024 Low has been at the bottom of the pattern, technically forming its new Higher Low.
Yesterday it broke and closed above its 1D MA50 (blue trend-line) for the first time in 3 months, which has been a solid bullish break-out signal on both previous Bullish Legs. Those then went on huge rallies that rose by +87.94% and +91.92% respectively.
As a result, with the 1W MACD about to form the final buy confirmation with a Bullish Cross, we set a 1380 long-term Target on a minimum +87.94% rise from the bottom, that will form an ideal Higher High on the Channel Up.
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Target 784, around 7%FOllowing weekly chart and got a long signal from my indicator.
TP 784
SL close under 706 weekly close.
ASML lifetime oppertunityHey, lookslike we had a beautifull backtest and finished the wave 2 of wave 3. Now entering wave 3 of wave 3. Put stoploss below the end of 2. Its looking great for the future. Let me know if you think different.
Heading Into Earning With a Bearish FlagNASDAQ:ASML a leading chipmaker is showing an interesting pattern!
In the short term, momentum appears bullish as the price has crossed the 20 SMA and is approaching the 50 SMA, with analysts expecting positive earnings. However, on the daily and weekly charts, a bearish flag pattern is forming, which suggests a potential downtrend. If the price breaks above the 849 resistance, the bullish momentum could continue, but if it fails, the downtrend may push the price towards the 775 support level.
ASML :1400$ TARGET In this technical analysis, I am evaluating the price movement of ASML Holding N.V. (NASDAQ) using Elliott Wave Theory and Fibonacci Retracement to project potential future price trends. This approach helps us identify key price levels, offering a clearer view of where the stock may be headed in the coming months.
Purpose of the Analysis
The primary goal of this analysis is to highlight potential target levels and retracement zones. On the chart, two green squares indicate these areas:
The lower square represents the retracement target, which has already been reached. This zone was calculated using the Fibonacci retracement tool, which helps identify key reversal levels during price corrections.
The upper square marks the final target, projecting where the stock could move as the upward trend continues. After a brief retracement, the price is expected to rise toward this upper zone.
Elliott Wave Structure
The price movement is analyzed through Elliott Wave Theory, which divides market trends into:
A series of 5 waves, representing the primary upward movement.
A corrective ABC pattern, which signals a temporary retracement before the continuation of the main trend.
Trendlines and the Channel
The two black trendlines represent a price channel within which the stock has been moving. This channel defines the current boundaries for the upward price movement:
The lower trendline acts as a support level, preventing the price from falling further.
The upper trendline serves as resistance, capping the price’s rise.
As long as the price remains within this channel, we can expect it to continue its bullish trajectory. However, there is also the potential for the price to break out above the upper trendline, signaling even stronger upward momentum. A breakout would be a highly bullish signal, suggesting the stock could exceed the current projected target and enter a new phase of aggressive growth.
Future Outlook
After completing the retracement, the stock is likely to continue moving upward within the channel. If the price respects these trendlines, it should climb toward the upper target. A breakout above the upper trendline would signal a more powerful rally, possibly leading to even higher prices.
ASMLA key company in the supply chain of biggest chipmakers.
Earnings coming up this month - price could potentially drop prior to earnings.
However, chips have seen a large tailwind in the recent weeks about AI spurring chip demand for 2025, that resulted in a lift for all chip maker stocks.
Micron recently outperformed their quarterly targets and saw an increase in stock of 17% intraday, coming down a bit lower to end the day.
Similarly, the AI tailwind could result in a similar uplift for ASML, as it is one of select companies offering a unique service that will be in increasing demand in the years to come.
The chart technical indicated a pennant, albeit slightly downward facing, indicating a risk of further downward movement. That being said, the industry news at large is overwhelmingly positive and slated for a rise in 2025 and with this risk reward ratio, it is a good hand to play while limiting downside risk.
ASML to $827 abd beyondMODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading system is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom channel
Stochastic Momentum Index (SMI) at oversold level
Price at Fibonacci level
In at $759
Upside targets are 50% fib retrace at $881 or to top of channel
Parallel Channel+Fibonnaci 0.61 levelParallel channel, retest of yearly support region which has confluence with fibonnaci 0.61 level
ASML Elliot ABC Correction Wave 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 short position on any upward price reaction above $900.
