🇰🇷 SK Hynix just surged +5.5% — but is this a dead cat bounce or a real reversal?
SK Hynix printed ₩1,504,000 after touching ₩1,322,000 recently (a -48.5% crash from its 3-month high). Today is +5.5% but RSI at 42 and declining volume (74% of average) suggest this is relief, not reversal.
📊 Technical Snapshot
• Price: ₩1,504,000 | Trend: Downtrend
• RSI: 42.1 (leaning bearish) | MACD: -174,918 (deeply negative)
• Volume: 4.57M (declining, 0.74x avg)
• 50-day SMA: ₩2,071,780 (price 27% below)
Key Logic: HBM demand for AI chips remains strong fundamentally, but the stock has been in a brutal downtrend. A +5.5% day after a -48% crash is normal mean reversion. Without volume confirmation and MACD crossover, this remains a sell-the-rally setup.
📍 Key Levels
• Support: ₩1,504,000 (current level being tested)
• Resistance: ₩2,628,000 (distant — this shows how far the damage is)
Wait for ₩1,322,000 retest. If it holds, that is the accumulation zone.
💡 HBM demand is real — but is the stock price telling a different story? 📉
#SKHynix #Semiconductors #StockAnalysis
⚠️ Disclaimer: This is analysis, not financial advice. Always do your own research and manage risk carefully.
SK Hynix printed ₩1,504,000 after touching ₩1,322,000 recently (a -48.5% crash from its 3-month high). Today is +5.5% but RSI at 42 and declining volume (74% of average) suggest this is relief, not reversal.
📊 Technical Snapshot
• Price: ₩1,504,000 | Trend: Downtrend
• RSI: 42.1 (leaning bearish) | MACD: -174,918 (deeply negative)
• Volume: 4.57M (declining, 0.74x avg)
• 50-day SMA: ₩2,071,780 (price 27% below)
Key Logic: HBM demand for AI chips remains strong fundamentally, but the stock has been in a brutal downtrend. A +5.5% day after a -48% crash is normal mean reversion. Without volume confirmation and MACD crossover, this remains a sell-the-rally setup.
📍 Key Levels
• Support: ₩1,504,000 (current level being tested)
• Resistance: ₩2,628,000 (distant — this shows how far the damage is)
Wait for ₩1,322,000 retest. If it holds, that is the accumulation zone.
💡 HBM demand is real — but is the stock price telling a different story? 📉
#SKHynix #Semiconductors #StockAnalysis
⚠️ Disclaimer: This is analysis, not financial advice. Always do your own research and manage risk carefully.