ASML is trading at interesting zone.
Two things could play out from here.
Concerning Points.
- PE stretched, median PE over the last 13 years has been 35.
- Has broken 10/20 day moving averages (daily).
- Several Gap up's on daily chart.
Positive points.
- AI play is still intact with strong demand.
- Dominant/only player.
- Zoom out to weekly chart, and you will see a cup and handle pattern forming.
Which leads me to believe that, it might consolidate here for some time, forming the handle.
followed by breakout.
Two things could play out from here.
Concerning Points.
- PE stretched, median PE over the last 13 years has been 35.
- Has broken 10/20 day moving averages (daily).
- Several Gap up's on daily chart.
Positive points.
- AI play is still intact with strong demand.
- Dominant/only player.
- Zoom out to weekly chart, and you will see a cup and handle pattern forming.
Which leads me to believe that, it might consolidate here for some time, forming the handle.
followed by breakout.
Operación activa
No Tea i guess. ASML approaching 870.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.