ASML hitting 1800 by month-end: a probabilistic view
Watching $ASML closely. The chip equipment space is a bit of a mixed bag right now, but ASML seems to be in a league of its own, given the demand for advanced nodes. We're currently sitting around 1740.99. Considering the momentum, recent supply chain improvements, and what I'm hearing from a few industry contacts about H2 CapEx plans, I'd put the odds of ASML breaching 1800 by month-end at about 60%. It’s not a slam dunk, but the upside catalysts seem more potent than the immediate downside risks unless there’s a broader market correction. The key will be if they provide any further positive outlook updates; that's what would really push it.
Hitting $1800 by month-end seems optimistic given the current market volatility, even with ASML's strong position. What specific data points are you seeing beyond just "momentum" and "industry contacts" that support such a rapid move?