ASML Holding N.V. provides lithography solutions and services for making semiconductor chips. It operates in the technology sector and trades on Nasdaq under the ticker ‘ASML.’ ASML is currently on a strong upward trend, recently hitting an all-time high and approaching the $1457.74 mark before a potential correction. The stock finished wave (I) at $895.93 in September 2021 and wave (II) at a low of $363.15 in October 2022. After the low in October 2022, wave I of (III) peaked at $1110.09 before dropping to $578.51. This sequence highlights several important highs and lows, reflecting the stock’s price swings. Currently, ASML is rising in wave ((1)) of III, which is above wave II’s low. The stock has since completed several waves, indicating an upward trend in wave (5). It is expected to wrap up wave 3 of (5) soon, followed by a correction in wave 4 before another upward push in wave ((1)). This could mean a rally toward the $1334.14 to $1457.74 range. The recent breakout from the price channel indicates a positive outlook above the $1327.3 level, suggesting further gains ahead. Looking ahead to 2025, the bullish trend in ASML is still a key focus. Our previous forecasts predicted a strong rally after the stock broke its price channel last year, which helped push the stock closer to our long-term targets. Recently, ASML reached new all-time highs in late 2025 before entering a consolidation phase, in line with our expectation of a pullback. This situation creates a good opportunity, as our analysis recommends buying during these dips. The rally following the April 2025 low has unfolded as we anticipated, setting the stage for the next potential rise. On the fundamental side, strong demand in the industry backs this outlook. The Semiconductor Industry Association (SIA) reported that global semiconductor sales rose by over 20% in 2025, and predictions for 2026 indicate continued growth, driven by the strong demand for AI chips. This overall momentum provides a solid base for ASML’s ongoing performance. For traders looking to capitalize on a move toward the $1457.74 target, buying call options or establishing bull call spreads could be effective strategies. These tactics allow for participation in the expected gains while controlling risk. The recent pullback offers better entry points for these bullish trades. Alternatively, those who see the recent dip as a temporary consolidation might consider selling cash-secured puts. By selling puts at a strike price lower than the current market level, traders can earn premium while believing that the April 2025 low will act as a strong support level for the stock.

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