ASML (ASML) follows the black down-channel to test the light blue horizontal line. If the light blue line cannot hold, it will at least test the orange up-channel bottom. Should the orange channel bottom fail, the double top pattern can be confirmed, and the textbook downside target would be $560.
Also, more than 200 stocks crossed under MA200, including ORCL, MS and GS. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&ma200=Close%20cross-under%20MA200
360miq.com/stockinfo?code=ASML
