{"id":42690,"date":"2026-02-24T23:42:12","date_gmt":"2026-02-24T15:42:12","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/asml-supplies-chipmakers-lithography-hardware-software-and-services-while-its-rally-aims-towards-the-1537-1605-zone\/"},"modified":"2026-02-24T23:42:12","modified_gmt":"2026-02-24T15:42:12","slug":"asml-supplies-chipmakers-lithography-hardware-software-and-services-while-its-rally-aims-towards-the-1537-1605-zone","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/live-updates\/asml-supplies-chipmakers-lithography-hardware-software-and-services-while-its-rally-aims-towards-the-1537-1605-zone\/","title":{"rendered":"ASML supplies chipmakers lithography hardware, software and services, while its rally aims towards the 1537\u20131605 zone"},"content":{"rendered":"<p>ASML Holding N.V. provides lithography systems and related hardware, software, and services for semiconductor manufacturing. The company trades on Nasdaq under the ticker ASML and is listed in the Technology sector.<\/p>\n<p>The analysis describes ASML as bullish on the weekly chart and projects a move into the $1536.7\u2013$1604.8 area. This view depends on price holding above the 2.04.2026 low.<\/p>\n<p>On the weekly wave count, (I) ended at $895.93 in September 2021 and (II) ended at $363.15 in October 2022. From that low, I of (III) reached $1110.09 and II fell to $578.51, with sub-waves ((1)) $771.98, ((2)) $564, ((3)) $1056.34, ((4)) $849.14, and ((5)) $1110.09.<\/p>\n<p>Within ((2)), the correction is mapped as ((A)) $767.41, ((B)) $945.05, and ((C)) $578.51. A later sequence lists (1) $826.56, (2) 684.24, (3) $1086.11, (4) $946.11, and a rising (5) with 1 $1141.72, 2 $1010.01, 3 $1493.47, and 4 $1316.06, with $1453.81 already exceeded.<\/p>\n<p>We see ASML\u2019s strong upward trend continuing, targeting the $1537 to $1605 range in the near future. This rally is supported by robust industry demand, with recent reports showing global semiconductor sales in the final quarter of 2025 surged by over 12% year-over-year. The move is an extension of the bullish sequence we&#8217;ve been tracking since the lows of April 2025.<\/p>\n<p>Despite the strength, we are seeing signs of slowing momentum, as evidenced by a bearish divergence on the daily RSI. This suggests the current upward leg is nearing exhaustion, making it risky to initiate new long positions at these levels. For derivative traders, this could mean taking profits on existing calls or considering protective puts as the stock approaches our target zone.<\/p>\n<p>We anticipate a corrective pullback once the $1537-$1605 target is met. Any short-term dip should find support above the recent lows established on February 4 and February 17, 2026. This expected correction should be viewed as a new buying opportunity for call options or bull call spreads, especially if it unfolds in a clear three-wave pattern.<\/p>\n<p>Looking back, the powerful rally from the October 2022 lows demonstrates the stock&#8217;s long-term potential, and we are still in a major upward wave. This underlying strength is fueled by massive capital expenditure from chipmakers, with TSMC and Intel collectively committing over $100 billion to new EUV-equipped fabs through 2028. Therefore, the upcoming correction is likely a pause before the next major advance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ASML shows bullish weekly trend, targeting $1536.7\u2013$1604.8, contingent on holding above the 2.04.2026 low.<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-42690","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/42690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=42690"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/42690\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=42690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=42690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=42690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}