ASML analysis across reports

Monster stock just broke out of a multi month base. Maybe can get in on a retest if lucky.

While the group itself may need rest its worth noting ASML had a quiet inside week retest of a multi month base. Looking at this chart alone without any other context it looks very actionable and constructive.

This is a big semi name that just broke out, retested, and followed through of a proper base. Also a current position. Textbook action.... good sign for market.

This has been a slow position but acting well. The pullbacks to the base were supported which indicates resistance - support. Now seems to be riding the 4-week. With semis extended if they pullback it may put pressure on this. As long as it holds above its base pivot structure is intact, but not sure I want to sit around. Currently stops set to even but may decide to exit if we lose the 4-week and revisit or use funds elsewhere.

RS in semis watch for tightening up

Leader breaking to new highs is good sign for the market. Has trailed the 4-week since breaking out of its base. Bad sell on my part. No entry here but watching for insight into market.

Same as AMAT. Big liquid leader now extended for new entries, but would prioritize on a pullback to the rising 4-week

3 weeks basing so far and 10-week respect. Nothing I want to buy right here but constructive action of a leader resting to lead again.

Blow out earnings sold into. A repeatable pattern we've been seeing.

This one has been trading fairly tight sideways in a range for the past four weeks or so and is showing RS. Another top candidate to focus on if it looks like this when the market is ready to turn.

This was one of the top relative strength charts before last week and then the relative strength cracked. It bounced at the 30-week and may not be broken, but I want at least a week or two sideways to show me a base is actually forming.

One of my favorite in semis. It was first to lead higher and get back above the 10 and 4 week moving averages. 1930 previous closing high is the non-negotioable breakout level to get involved although I'd like to see an inside week or higher low to get involved earlier.

30-week support and higher low.

ASML is so far base building and looks great if Semis are going to move. Currently we have a higher low within the base, so watching next week to see how it acts. Do we put in another higher level? It's showing signs it's coming up the right side.

Not strong relative to other semis right now but worth keeping on watch. Multi month base, big prior leader, 30 week support, higher low

Ideally get get an close in the upper half of its multi-month base. Then I could sit comfortably if it needs to make another higher low.