ASML shares have recently seen heavy selling and were pushed sharply toward support at €1231. In the short term, the price still has some downside potential to complete the current interim correction, with the corresponding low expected to form above support at €1231. We then anticipate the ongoing long-term uptrend to continue, targeting a move above resistance at €1741. Once this impulse tops out, we expect a significant correction to follow. Alternatively, a correction may already be underway. In this case, the price could gain enough downside momentum to break directly below support at €1231 (probability: 39%).
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.