ASML Holding N.V. (ASML) stock price recorded further gains in its latest intraday trading, confirming a breakout above the key resistance level at $1,141.70. This move comes amid the dominance of the main medium-term upward trend, with price action moving along both major and minor supportive trend lines, alongside dynamic support from trading above its SMA50. In addition, positive signals continue to flow from the RSI, all accompanied by a noticeable increase in trading volumes.

 

Therefore we expect the stock price to continue rising in upcoming trading, as long as it remains stable above the $1,141.70 level, to target the first resistance at $1,300.

 

Today’s price forecast: Bullish