ASML trade ideas
$ASML - KATIEEEEEEE Not the cleanest setup for a KATIEEEEEE type of pattern, but still in-tact for sure. 223% KATIEEE text is A1 TP, potentially 271% with momentum behind it. First ticker I've seen out of a big watchlist that's had as much advance/decline issues right around 180WMA that I'd have been hesitant to get long on, but now that this makes 1 confirmation out of a handful - be sure to keep this list on watch.
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ASML short possibiolityMonthly chart suggests that with CCi divergence we could see correction from high. First support will be 10sma support area. Weekly chart shows us small bar after big red selling bar what result with daily triangle and 60 min consolidation. That consolidation I will sue for entry and I hope for daily 200sma as target area what will again depends from selling pace after setup. Of course, market action will be important too. Several time ASML bounced from weekly 20sma and right now look tired and I’m counting on odds that weekly 20sma will be broken what can increase selling pressure.
tinyurl.com
Good potentialThis company looks pretty good and with a lot of potential, their levels are quite aggressive and gives the opportunity to reach 270, obviously this in a long period but it looks pretty good.
There are always factors that can influence, especially thinking about long periods however for the moment the only thing I would worry about is that it is still in the R & S range, which could cause the price to touch that area again. Therefore I think that my best entry would be pyramidal.
I will see how this movement develops.
Best wishes to all.
ASML _ a short opp. into a strong Dutch stockASML produced medium-to-excellent figures for a strong monopolistic company. With a movement from 108 towards 118 it was a great week for ASML. Many major banks have increased their advice for ASML towards historical top levels around 130 - 140 range.
However TradingEcology does believe in the strong and fundamental solid structure of this stock a little correction is in development. It is unbelieveable to get this stock straight to 130+ levels.
It is no coincidence that we have had this price expansion in ASML since time&price are aligned.
What do we have?
- on daily candle a valid short is recorded. So every rise in price will make short more likely to come in!
- on weekly candle a valid short is on, with high levels in stochastic.
- price harmonics is on 117.80
- Gann time is triggered on 21th of January 2017 building till 27th of January
- Gann price relation is at 117.81
Without coincidence, but fast in human perception of time, the level 117.80 was an to be expected high.
Next week, ASML enter the midpoint in the 20bars weekly cycle. This midpoint is 70 days long and can be a likely entry for shorts towards 108 level.
TradingEcology is looking for a short opp. into ASML coming week of trading, to scalp short via booster short: www.bnpparibasmarkets.nl
This booster has a leverage around 30, and will make a swift profit if risk is understood well.
ASML Holding NV - ASML - Daily - Key Hidden Levels Recent Sell "Key Hidden Levels - Earnings Support", available in marketplace add-ons, provides useful support and resistance levels that you can use to set up trades. Now you don't have to speculate on earnings, rather you can wait for earnings to be announced and then fade the move back to where earnings were reported.
Note all of the turning points that were previous earnings levels. These triangles and lines are drawn automatically and the lines extend out for a year (or 3,6,9 months).
I didn't forecast these turning points, I'm showing you the tool that will let you find them all by yourself.
Tim
ASML Holdings ASML - Reversal Pattern & DowntrendASML -
$38 BILLION market cap - $7.22 Billion in Sales - 19% margins. This is a rich valuation at 5.5 times sales, especially when revenues are very stable and margins are declining. Looked at another way, if you keep $1.4 billion each year on an investment of $38 billion, then it is a very low return of less than 4%. The market value has grown dramatically without much happening to revenues and without help from rising margins. Over time, this is a problem.
The latest earnings report was announced on Jan 21 and the stock jumped initially but has since faded and it appears that investors are seeing the writing on the wall that the stock is richly valued and they are selling. The sell-zone is marked in red and the earnings release date is marked in a red triangle.
There is an accelerating, parabolic trend line that broke back in October and since then a reversal pattern has built in the form of the well-recognized "head & shoulders" pattern.
Price and time projections indicate $74 to $68 targets on the downside. Risk to sell short is roughly $6/sh.
Tim 11:56AM EST, Tuesday, Feb 25, 2014