ASML bounce from here?ASML has been down close for 5 weeks in a row. Looks like a strong pivot here, need to bounce and fill the opened gap asap otherwise things going to get hectic.
ASML trade ideas
$ASML with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $ASML after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 85.71%.
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ASML Analysis 28.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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Thank you for watching and I will see you tomorrow!
$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 Holding dropping its loot. ASML It must be Elliott flat day today or something. Anyway, here is another one nearing completion.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
ASML short term R:R not attractive, earning report 19-JanAfter a very nice bull run sinds the covid crash, currently in consolidation looking for new direction, the incoming earning report might be an important trigger.
Game plan after ER:
If trigger down, long entry around 600, cut loose if under 550; while targeting 1100+, start to take profits in tranches from 960 onward.
If trigger up, seek short opportunity around 1k, targeting 600 region.
EW interpretation:
Either wave 3 is already complete and we're in wave 4 correction, or it can get one more extension higher before wave 4 starts.
Break out above 860 suggests extension of wave 3 toward 960, while drop below 722 should confirm wave 4 is already ongoing.
The declining stochastic and a RSI that is making lower highs indicating the second case is more likely.
In either cases, target region of wave 4 between 605 and 543 provide a great opportunity for long entries, while long term bull thesis considered broken if drop under 496.
ASMLASML- this chart is in Log scale...but we have bounced within this channel....now we are making higher lows and higher highs moving towards the top of the channel. On the smaller time frames we are flagging and should (hoping) it breaks out bullish...with chip makers on the rise and earning for ASML is coming up in Jan..I think we have a good chance to see higher prices.
ASML - STOCKS - 26. OCT. 2021Welcome to our Weekly V2-Trade Setup ( ASML ) !
-
4 HOUR
Bearish turnover today..
DAILY
Looking for more bullish pa..
WEEKLY
Overall great market structure.
-
STOCK SETUP
BUY ASML
ENTRY LEVEL @ 791.89
SL @ 757.44
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
$ASML with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ASML after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
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ASML - Chips feel the DIPWhen the Globes largest Semiconductor FAB, dumps 4% in one day...
It might be a warning sign of Price action ahead.
We continue to position into a Put Calendar Spread for the SMH
from 240 - 270.
We will begin to acquire 400 Puts within November 19 through
December 17 Time Range.
We believe there is an opportunity beginning today and are acting
on what we see as the potential for downside to the 231 Level.
ASML returns to Exponential Trend ChannelASML crossed the lower 2-sigma border of the Exponential Regression Channel, now it is returning into the green trend region, which is a Buy signal and can be Traded with a small SL of 7%. Expected holding time is 44 days; until end of November the trend should continue.
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
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.
