ASML
Option Play: ASMLStock closed at ATH’s on Friday, confirming the close outside of the “box” created since June. This move measures 50 points, so we’re shooting for around 452 for taking profit on any plays. After that a retest of 402-408 will be needed before price can continue. Make sure not to get greedy in your plays and trim/leave a runner. When the market moves, this stock does too, especially on gap days. Playing the 430c for 11/20. Good luck if you play!!
$ASML: some strength at ATH, but pullback likely dueASML showed weakness a couple of times between $280 and $300, before breaking out.
Key levels:
$309
$295
If these key levels hold, ASML could head higher.
The current price action still show some strength, but not as much as one would like to see at ATH.
This suggests that a pullback is due. It should take some time before the market is ready for another ATH.
ASML - Relative Expensive but can still go up further.ASMA Price to Sales to Ratio during Dot Com Bubble was 15. The current Price to Sales is 10. So, the stock fundamentally need to go up another 50% before reaching Dot Com bubble level.
However, that does not incorporate the facts the growth in revenue and profitability.
The market is telling us that it is business as usual. With more money being printed, more money will flow into equities.
The majority of people will remain poor because they don't have any strategy or plan to ride this wave up. It's all about being emotional and blaming the 1% for every misery they have in life (even though they have the options to open brokerage accounts and buy stocks, unlike majority of people in the world that is unbanked and don't have access to capital)
Stop playing the blame game. Make money from capitalism and do what the fuck you want to do in life.