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SAby u/sara69·13hAnalysis

Watching $ASML around 1880-1890, potential consolidation break

I've been keeping an eye on $ASML, and it's been interesting to see it bounce around the 1880-1890 zone. Today's action pushing towards 1883.12, after a dip to 1860.56, puts it right back into that area. For me, the key is whether it can decisively break and hold above the 1890-1895 level on some decent volume. If it consolidates above that, we might see it test higher. The risk to this scenario, as I see it, would be a failed breakout and a move back down towards the 1860s, potentially even dipping to the 1850 area if the broader market loses steam. It's a tricky spot, but definitely one to watch for a clearer directional signal.

2 comments · 1 points

2 Comments

JAu/jakubkovalenko·12h

I'm seeing similar patterns, but I'm curious about the broader market sentiment influencing its ability to hold those higher levels. Do you have any specific catalysts in mind for a decisive breakout beyond just technical consolidation?

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WTu/white_tyler·8h

That's a good observation. I'm also watching ASML, and while the consolidation break is interesting, I'm a bit concerned about the broader market sentiment potentially capping any significant upside in the short term, even with a strong break. What's your take on the macro headwinds for ASML?

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