ASML made a positive break in November 2022 by breaking upwards through its downwards sloping resistance line at $525.00.
Since then, the share has been trading higher and is approaching our first target level of $700.00.
If the share manages to break through the resistance level of $700.00 the share can potentially test the next resistance level at $877.00, in our view.
Cisco made a positive break in October 2022 by breaking upwards through the downward sloping resistance line at $45.40.
Since then, the share has traded higher and has reached our first target level of $49.40.
If the share manages to break through this level, it could potentially test the next target level of $53.30, in our view.
Rockwell Automation made a positive break in July 2022 by breaking upwards through its downwards sloping resistance level at $228.00.
The share has since moved higher and reached both our target levels of $258.00 and $285.00.
If the share manages to break through this resistance level at $285.00 it could trade higher in our view.
Starbucks made a positive break in May 2022 by breaking upwards through its resistance line at $79.00.
The share traded sharply higher since then and reached and breached our target level of $99.60.
The share is currently testing a resistance level at $107.00, and if breached could rally further at test its previous high of $125.00, in our view.
Nova Nordisk made a positive break in November 2022 by breaking upwards through its downwards sloping resistance level at $115.00.
Since then, the share continued to trade higher and is currently approaching our target level of $142.00.
The share has hit the top of its long-term bull channel and should consolidate at these levels before any further directional price action, in our view.
This report provides a technical analysis of ASML Holding NV ADR, Cisco Systems, Rockwell Automation, Starbucks Corporation, and Norva Nordisk.
