Selling AMSL at 50% pullback. We look to Sell at 484.65 (stop at 501.10) Selling AMSL at 50% pullback. We look to Sell at 484.65 (stop at 501.10) Selling AMSL at 50% pullback. We look to Sell at 484.65 (stop at 501.10)

Selling AMSL at 50% pullback. We look to Sell at 484.65 (stop at 501.10)

Technical analysis
Signal Centre

ASML Holding - 30D expiry - We look to Sell at 484.65 (stop at 501.10)
Trade idea is provided by a third FCA regulated party.

Daily pivot is at 496.30.
The primary trend remains bearish .
The 1 day moving average should provide resistance at 480.00.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Levels close to the 50% pullback level of 491.50 found sellers.
Break of yesterdays low would confirm bearish momentum.

Our profit targets will be 445.55 and 437.51

Resistance: 472.00 / 485.00 / 500.00
Support: 455.00 / 445.00 / 430.00
Source: TradingView
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