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ASML Holding Bullish Moving Average Crossover Alert (ASML)

By David Diaz

Today, shares of ASML Holding (NASDAQ:ASML) have advanced above their 10-day MA of $108.36 on a volume of 263K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of ASML Holding have traded between a low of $77.17 and a high of $114.14 and are now at $108.96, which is 41% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend recommended that subscribers consider buying shares of ASML Holding on June 29th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $96.11. Since that recommendation, shares of ASML Holding have risen 11.5%. We continue to monitor ASML for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ASML Holding

Ticker(s): ASML