Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
ASML Holding’s stock price (ASML) rose in the intraday levels, after leaning on the support of the main upward trend line in the short term, lending the stock positive momentum, amid positive signals from the RSI while the stock tries to attack the current resistance of $929.00, while trying to shake off negative pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the main resistance of $1000.00, provided the resistance of $928.00 was breached.
Trend forecast: Bullish