ASML Holding NV

ASML retains a strong secular uptrend anchored by a rising 200-day SMA and a recent Momentum Breakout underpins medium-term bullish demand, but the current pullback into the 9/20/50 EMA zone alongside flattening shorter EMAs and neutral RSI suggests waiting for a clearer entry point, favoring a stalking posture under a High Momentum strategy.

• ↑Q2 net sales reached €9.3B, above the high end of guidance
• ↑Gross margin expanded to 54%, driven by install-base management and upgrades
• ↓China system sales share could decline from 33% to ~20% in 2026