ASML shakes off negative pressure - Analysis - 24-03-2023

Economies.com
2023-03-24 12:46PM UTC

ASML Holding's stock (ASML) rose in the intraday levels, shaking off negative pressure from the 50-day SMA, amid the dominance of the upward correctional short-term trend, and marking a profit of 3.72% in the last session, or 23.79 points, and settling at 664.16, with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 698.50.

 

Expected trend for today: Bullish

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