ASML Holding | ASML | Long at $680.00

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ASML Holding, a developer and servicer of advanced semiconductor equipment systems for chipmakers, dipped backed into my overall, long-term selected simple moving average (SMA). From here, stocks typically bounce or drop, but given the AI boom is far from "over", I anticipate another bounce to eventually close the gap near $1,060. It may show some minor weakness to close the gap in the low $600s and get the bears excited. But, unless the economy further shows major weakness in the semiconductor space, ASML is in my personal "buy zone" at $680.

Target #1 = $730.00
Target #2 = $915.00
Target #3 = $1,060.00
Trade attivo
Target #1 reached for a 7.4% gain.

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