ASML Holdings stock price surged in latest intraday trading, amid the dominance of the upward correctional wave, as the price is boosted by piercing the main upward trend line in the short term, while also trading above the 50-day SMA, as the Stochastic reached oversold levels compared to the prices movements, hinting at positive divergence.
Therefore we expect more gains for the price, provided the support of $716.80 holds on, targeting the pivotal and near resistance at $784.80.
Todays price forecast: Bullish
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