Dutch Breakdown

ASMl Holdings (ASML) is the largest supplier in the world of photolithography systems. More on that here . Yesterday ASML completed a 6-months Head & Shoulders Top on 3x avg daily volume and a breakaway gap. Furthermore, the stock closed below its 200 MA for the first time in 2 years. Implied target for the pattern is $71.

 

asml

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One Comment on “Dutch Breakdown”

  1. mcmasoniam says:

    Thanks ArtieBear! Good stuff!
    Simplify.
    M


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