To The Moon

$ASML Holding NV(ASML)$ I have topped up $ASML Holding NV(ASML)$  eecently, but......

For ASML, I would stop automatically adding shares every time it dips. A falling share price is not, by itself, a reason to buy more. ASML is a high-quality semiconductor equipment business, but even an excellent company can become an oversized or overpriced position in your portfolio.

My approach would be to set a maximum portfolio allocation first, then decide whether each dip genuinely improves the investment opportunity.

Since your stated investing goal is a balance between income growth and capital preservation, I would be particularly careful not to let repeated averaging down turn ASML into a concentrated bet on the semiconductor cycle.

1. Where would I stop adding ASML?

I’d use these portfolio limits as a starting point, rather than buying at every dip.

ASML as % of total portfolio My action

Below 3% Room for selective additions

3–5% Hold; add only at compelling valuations

5–7% Generally stop adding

Above 7% Consider trimming if semiconductor exposure is already high

These are suggested risk-management limits, not universal rules. Your overall exposure to NVDA, AMD, Micron and other semiconductor stocks matters too.

2. Why I wouldn’t automatically sell ASML

The business outlook remains strong. In its October 14 earnings release, ASML reported Q3 sales of €11.7 billion and projected full-year 2026 sales of €44–45 billion. It also said customer demand for 2027–28 could exceed planned supply. Wed, 10/14/2026 - 07:00

However, the valuation still matters. Reuters reported that ASML’s shares had risen substantially this year, while investors were questioning whether future AI spending expectations were too optimistic. Investing.com Australia

My conclusion: I’d be willing to keep holding ASML for the long term, but I’d stop averaging down once the position reaches my allocation limit—even if the share price keeps falling.