ASML = Hold or Buy?
The recent Correction seen after a Great Earnings Report is un-expected IMO.
Could be China Related Bla Bla.
There where clues but I missed them.
Having a Stop-Loss set did sell 50% at a nice Profit.
However I do not like to sell.
Recently I've noted that one must sell at a profit in order to redeploy or save in CASH especially if the markets are Choppy and then re-evaluate.
Finding the Bottom or Top of any Stock / Trade is inherently flawed. I do it small to DCA.
Best is to do nothing, and wait.
Also I use the formulae
The Formulae I use is -
PV=FV/(1+r)^t Present Value = Future Value / (1 + R Rate of Return ) ^ Time.
So rather deploy Cash for a better Gain is the Simple meaning.
Time is Valuable. Don't sit in a Trade or Investment if looks it will not perform.
Getting out early (With Profit) never lost you Money.
Smash that Rocket Boost Button and also follow me should you Appreciate my Studies and do comment. I try to Reply and also Assist where possible.
Kind Regards
Graham.
The recent Correction seen after a Great Earnings Report is un-expected IMO.
Could be China Related Bla Bla.
There where clues but I missed them.
Having a Stop-Loss set did sell 50% at a nice Profit.
However I do not like to sell.
Recently I've noted that one must sell at a profit in order to redeploy or save in CASH especially if the markets are Choppy and then re-evaluate.
Finding the Bottom or Top of any Stock / Trade is inherently flawed. I do it small to DCA.
Best is to do nothing, and wait.
Also I use the formulae
The Formulae I use is -
PV=FV/(1+r)^t Present Value = Future Value / (1 + R Rate of Return ) ^ Time.
So rather deploy Cash for a better Gain is the Simple meaning.
Time is Valuable. Don't sit in a Trade or Investment if looks it will not perform.
Getting out early (With Profit) never lost you Money.
Smash that Rocket Boost Button and also follow me should you Appreciate my Studies and do comment. I try to Reply and also Assist where possible.
Kind Regards
Graham.
Nota
Support Area Worked. Re-entered and Added to position from prior Stop loss gains.Nota
This Trend Cloud is not an Elliot Wave Study.It Works by seeing attempts to test support, and counts them in the Algo.
Also requires a multi time frame analysis.
Nota
This Study is a Long Time Frame analysis.Finding Bottoms is extremely Tricky. While Fibs do help.
Setting a Stop Loss is always important.
I'm slowly using prior profits to DCA back in some $
Nota
The Japanese Carry Trade Scenario overly affected the Market & VIX and Distorted many Stocks.Selling Early using Stop Loss Settings, or for Longer Term Investors - Buying the Dips = Opportunity.
As always one's investing or trading needs Conviction.
When you sell at a substantial Loss, however some 2 Months Later the Stock could POP - Should be Considered. Quality Stocks always Recover.
Nota
China Securities Begins ASML Coverage at a Buy Now.Nota
Unfortunately the 2nd Lower Support Area looks Possible now.As we never can find the lows even with Fibonacci etc as they could be zones.
Whilst now at Break even.
My position is a HOLD.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.