ASML - Breakout !!!
Shares of ASML the Semiconductor equipment maker rose more than 5% today to 27.41$ after reported that its first-quarter net profit nearly doubled, thanks to selling more machines at higher prices. Looking at the chart above stock broke out today an important resistnace at 26.57$ and reaching also a new 52 week year high. Stock has reached overbought conditions so I think the selling pressure will now increase, but stock still in a Bull Market.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice evening !!!
AC
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice evening !!!
AC
Labels: ASML
