$ASML hitting $1850 by month-end?
Thinking about the recent $ASML momentum, especially with the 3.80% jump today to 1799.38. Given the strong demand signals for advanced lithography and the generally positive sentiment around AI infrastructure, I'm leaning towards a higher probability of $ASML pushing past the $1850 mark by month-end. I'd put the odds around 65% for that to happen. The low for today was 1778.32, so there's clear upward pressure. It feels like the market is finally properly pricing in the long-term capex cycles for these leading-edge fabs, which relies heavily on ASML's tech. What are your thoughts on this?
While the momentum is there, assuming a nearly 3% jump in a week just because of today's movement seems a bit aggressive. Demand signals are one thing, but actual price action often has other drivers.