This company produces machines for leading semiconductor chipmakers (memory & logic) in the world. Still a very positive outlook for the future. Interesting if the recent fall can hold and positive reversal in weekly chart can be a strong buy possibility.
ABC correction finished. Good moment to short it again. Be aware that this abc could be a bigger A of a bigger ABC. It should go down now. Put sl into break-even. If this correct more re-enter on the next 5 wave up (C-wave).
This stock had a nice rally and at this moment we see a lot of people, holding this stock, getting more nervous about the market.
The March putoptions are very cheap and I suggest to buy the March'17 - 120 put option at € 3,60
ASML produced medium-to-excellent figures for a strong monopolistic company. With a movement from 108 towards 118 it was a great week for ASML. Many major banks have increased their advice for ASML towards historical top levels around 130 - 140 range.
However TradingEcology does believe in the strong and fundamental solid structure of this stock a little...