ASML has broken out of a falling trend channel and is now testing resistance around 773.
The stock entered a declining trend after breaking down from a double top formation — the target from that pattern has long been reached.
Price is trading above a red Ichimoku cloud.
Volume balance has been negative throughout the chart, except recently.
Price momentum, including RSI(21), indicates potential for further upside.
From a fundamental perspective, analysts are predominantly positive on ASML.
The company has a near-monopoly in the production of photolithography machines used to manufacture the most advanced semiconductor chips.
Disclaimer: I hold a position in the stock.
Note: Always do your own research and analysis before making any trading decisions.
The stock entered a declining trend after breaking down from a double top formation — the target from that pattern has long been reached.
Price is trading above a red Ichimoku cloud.
Volume balance has been negative throughout the chart, except recently.
Price momentum, including RSI(21), indicates potential for further upside.
From a fundamental perspective, analysts are predominantly positive on ASML.
The company has a near-monopoly in the production of photolithography machines used to manufacture the most advanced semiconductor chips.
Disclaimer: I hold a position in the stock.
Note: Always do your own research and analysis before making any trading decisions.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.