ASML: A Breakout Rally Seems Imminent (Upgrade)

Pixelbizz/iStock Editorial via Getty ImagesASML Stock Reversed Most Of Its April Losses ASML Holding (NASDAQ:ASML) investors still hanging on to their positions likely brushed off the initial post-earnings selloff attributed to weak bookings performance at its recent earnings report in late April 2024. Accordingly, ASML's Q1 earnings release indicated net bookings of €3.6B. Of which, €656M was linked to ASML's EUV lithography systems. However, ASML's net bookings metric fell markedly short of Wall Stree ...