This potential black swan event from DeepSeek is affecting the Semi suppliers in the PM now and $ASML has actually dropped below its 200 WMA because of this, so we should be looking at a retest of the 0.618 Fib at $654 next.
Something I am very excited about because I felt as though we may have missed some strong value on the 1st of Jan....but as always, we are given a second chance by the market.
Earnings are also due out on Weds, which I expect them to be good and I doubt there will be any changes to their orders.
For me, holding above $654 and below the 200 WMA is a buy to me.
Chris H
2025-01-27 15:47:00 +0000 UTCDC
2025-01-27 12:47:55 +0000 UTC