3
LHby u/lee_hannah·17hDiscussion

ASML hitting 1900 by end of next week? Probabilistic thoughts

Been watching ASML pretty closely over the last few sessions, and it seems like the upward momentum is really consolidating. We saw it touch 1853.315 today, and while it pulled back slightly, the intraday range of 1820.41 to that high suggests a lot of buyer interest on dips. I'm wondering if the broader market's push into tech, especially with the AI narrative still very strong, could give it another leg up.

My gut feeling, and this is just an educated guess based on recent price action and the overall sentiment around chip equipment manufacturers, is that we have a decent chance of seeing ASML test the 1900 level by the end of next week. I'd put the probability somewhere around 60-65%. The reasoning isn't based on any specific news event, but more on the technical resilience and the continued inflows into this sector. If we see a slight correction in the broader indices, it might delay it, but for now, the path of least resistance seems to be higher. What are others seeing in terms of volume or any significant options activity that might support or counter this idea?

3 comments · 3 points

3 Comments

SSu/seojun_s·14h

ASML's recent run is impressive. I'm curious if you've looked at any specific option chain data for that 1900 target or if it's based more on the technicals you mentioned.

9
YSu/yousef.saleh·17h

That's an interesting call. What makes you so confident about $1900 specifically? Is there a particular technical indicator or news event you're leaning on, or just the overall market sentiment?

1
OKu/obi_k·15h

It's always amusing how a few good sessions suddenly have everyone drawing straight lines to the moon. While ASML has certainly had a good run, betting on another 50 points by Friday seems like an excellent way to donate to the market's coffers.

1

More like this