SNSN schreef op 9 juli 2015 10:44:
[...]
Right....
That's why on "strategic" horizons (from ~10 y) we'll face really new technologies - "quantum chip", "quantum computing", etc. ....(not EUV)
On just mt/lt-horizons (where necessary consolidation within telco-sectors is essential, though practically impossible due to reg-constraints)....:
"
IBM Reports Advances In Shrinking Future Chips"
"....The Dutch company ASML Holding NV develops EUV tools, which can cost $150 million compared with about $50 million for other lithography systems...."So far, without new "strategic investments" in telcos advanced cervices & technologies (i.e. without consolidated telcos sector) the prob is really very high that .... all new "very small", "very nice, "very fast" and even "very advanced" phones, comps, etc. would become just a very expensive kind of (new) toys....(just for "children")
As for shorter horizon: the st-resistance is at ~91.20 (formed on Jul 7)
Intraday trading: PP= 88.79
Resistance: R1=89.34; R2=90.28; R3=90.80; R4=91.90
PS. As 'asml' is highly correlated with 'aex' ("beta"~1.73), the "market trends" are important for correct ex-ante risk-return trade-off evaluations:
The market/aex is in the mt-downtrend since last Mar. We are testing the lower edge of relatively wide descending channel, which is currently ~460. The upper edge is around ~495 today. That is a
standard upwards "border reaction" may be expected (in order to keep current drift, should there be no new objective info)
Due to high correlations, the same upwards "border reaction" was necessary for 'asml', which just tested the s-zone ~88.30-86.70 (see recent & yesterday posts)