ASML Holding NV Sponsored ADR

ASML

579
ASML's stock is rising within an upward channel, and at the upper limit of the channel, a trap was set with a double top (2B Pattern) around $1000.5-$1000.7. It broke the channel and closed above it, then returned to close within the channel again by gap. Following that, it quickly declined, breaking the upward trend. Now, we have two scenarios: either a direct decline towards two strong demand zones first zone (615$_586$) second zone(523.5$_494.17$) , where we will wait for action and the emergence of buyers before entering, or a rise to retest the broken trend line before declining to the two demand zones After reaching the two demand zones and the emergence of buyers, we will aim to rise towards the red zone (800$_900$).

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