Int’l Semiconductor Maker on ‘Buy’ Signal Still

Yesterday, we looked at a Daily Price Chart of Adobe Systems, Inc. and noted that the stock had been on a bullish run after making a series of higher highs and higher lows since late October.

Today’s Chart of the Day is a 10-Month Simple Moving Average chart for ASML Holding NV (NYSE: ASML).

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and applications.

Now, below is a 10-Month Simple Moving Average chart for ASML.

Back in April 2019, the ASML 1-Month moving-average crossed above the 10-Month simple moving-average (SMA) indicating ASML is on a PowerTrend ‘buy’ signal (circled).


As you can see, since April, the price has steadily climbed higher…

Even though there were price retracements along the way. That’s natural — all stocks in a price uptrend retrace. (If you’ll notice, though, it never retraces back below the 10-Month SMA.)

Now, the 1-Month moving-average is still above the 10-month SMA.

That means the bullish trend is still in play!

As long as the 1-Month price remains above the 10-Month SMA, the stock is more likely to keep trading at new highs in the coming days and weeks.

Maximizing Our Profit Potential

On August 14th, ASML stock shares had a pullback which offered a prime buying opportunity for investors.

If you had purchased stock shares on this date when the stock was trading around $208.72, you’d be up 44.42% by now — a great return for simply holding stock shares of a major semiconductor equipment company.

But…if you had purchased the right ASML option contract on August 14th, you would currently be up 330.29%!

That’s after only one trade!

That’s why we hunt for these kinds of opportunities in our elite trading and training service, PowerTrend Options. Choosing the right option can completely change your life.

In fact, it’s the whole thesis of that options service  — the right trade has the power to get you one trade closer to the life of your dreams.

But we know that some people like to walk before they run… and so we designed a class just for them, called the Thunderbird Options Course. Complete with syllabus, videos, and quizzes. Check it out  if you haven’t yet!

We’ll be keeping our eye on this stock as it continues to trend upward so we’ll know the moment the market conditions shift and the stock begins to come back down.

Best Regards,

Chuck Hughes
Editor, Chart Of The Day

Chuck Hughes

Written By Chuck Hughes

Before Chuck Hughes won 10 Trading Championships, he was an accomplished Air Force pilot. In fact, he credits his success as a stock and options trader to his disciplined upbringing and career. When he was deciding between a career in the Navy and a career in the Air Force, the Navy told him he’d only have a 33% chance of flying jets. The Air Force gave him 100%. He liked those odds better. 35 years ago, Chuck had a wife, a young daughter, a son on the way, and a huge mortgage to afford. He didn’t want to give up on his lifelong dream and stop flying for a major commercial airline. He knew he needed to supplement his income during the 15 days a month he wasn’t flying. So he used his experience in discipline and math, and his understanding of finance and the stock markets (which he’d always been interested in,) and opened a $4,600 trading account. He made over $460,000 in profits his first two years of trading, and he hasn’t looked back since. When he was diagnosed with Meniere’s disease 15 years later, which commonly leads to vertigo…He knew his career as a pilot wouldn’t last much longer with those odds. But he didn’t have to scurry to find another gig, or panic about how his family would eat… He’d spent the last 15 years perfecting his system and raking in cash. As an options trader, Chuck does not let his emotions get in the way of his trading strategy. He adheres to disciplined and methodical options and stock trades. Because he respects the options game so highly, and understands the true freedom that financial solvency can bring, Chuck was able to design and refine his system and win those 10 Trading Championships. Put simply, Chuck Hughes’ trading strategies work, and in all types of market conditions. They’ve worked throughout the bull, bear, and flat markets America has seen in the last 30 years. Chuck Hughes has spent that time building a reputation as one of the most trustworthy options traders in the industry. His publishing group Legacy Publishing LLC was one of the few trading groups on the planet to have correctly predicted and profited from the 2008 financial crash .As a published author 16 times over, a 10-time Trading Championship winner, and an options-trading teacher for 25 years, he’s learned to trade and teach without an ego.