The rise in Korean stocks has been pretty fierce this round. Samsung and SK hynix both surged together, and you can clearly see funds are moving in that direction. This kind of percentage gain would be considered quite large on a normal day. If it were to finish rising all at once, there might not be much upside left afterward.
At this point, I can’t say whether it’s the right time to chase the price—let’s see whether the trading volume can be sustained. The idea that “the bad news has been fully priced in” has some validity, but the market never runs solely on one reason all the way through.
DYOR
$KORU $SAMSUNG $SKHYNIX
At this point, I can’t say whether it’s the right time to chase the price—let’s see whether the trading volume can be sustained. The idea that “the bad news has been fully priced in” has some validity, but the market never runs solely on one reason all the way through.
DYOR
$KORU $SAMSUNG $SKHYNIX