$SKHYNIX Price down 6.4% today, trading $1,151. We're pulling back from that $1,270 high.
Looking at the chart, we've had a strong run up and now seeing some profit-taking. Currently sitting just above $1,137 support.
If $1,137 holds, I expect a bounce back toward $1,171 then $1,275.
If $1,137 breaks, next support is $1,068. That would be a deeper correction.
Volume is decent on this pullback. Watching this support level closely.
Looking at the chart, we've had a strong run up and now seeing some profit-taking. Currently sitting just above $1,137 support.
If $1,137 holds, I expect a bounce back toward $1,171 then $1,275.
If $1,137 breaks, next support is $1,068. That would be a deeper correction.
Volume is decent on this pullback. Watching this support level closely.