SK Hynix just dropped -9.75% in a single session. ₩1,500,000. This is what a trend breakdown looks like.
📊 The Damage:
Price is now BELOW all major MAs (SMA5/10/20/50). RSI at 42.9 is leaning bearish with no sign of reversal. MACD histogram is deeply negative. Volume is declining — sellers don't even need to push hard.
Why This Matters:
• SK Hynix is -48.6% from its 3-month high — that's a bear market for one stock
• Memory sector showing divergence: MU holding up, Hynix collapsing
• ₩1,500,000 is now acting as resistance, not support
• Next support is near the 3-month low at ₩1,322,000
📍 Key Levels:
Support: ₩1,322,000 (3-month low) | Resistance: ₩1,580,000 (SMA5), ₩2,027,000 (SMA50)
This is a falling knife. I'm not touching it until I see a clear reversal pattern with volume.
Is the memory sector rotation over or just beginning? What's your read? 👇
#SKHynix #Memory #DYOR
📌 Disclaimer: This is personal analysis, not financial advice. Always DYOR and manage your risk.
📊 The Damage:
Price is now BELOW all major MAs (SMA5/10/20/50). RSI at 42.9 is leaning bearish with no sign of reversal. MACD histogram is deeply negative. Volume is declining — sellers don't even need to push hard.
Why This Matters:
• SK Hynix is -48.6% from its 3-month high — that's a bear market for one stock
• Memory sector showing divergence: MU holding up, Hynix collapsing
• ₩1,500,000 is now acting as resistance, not support
• Next support is near the 3-month low at ₩1,322,000
📍 Key Levels:
Support: ₩1,322,000 (3-month low) | Resistance: ₩1,580,000 (SMA5), ₩2,027,000 (SMA50)
This is a falling knife. I'm not touching it until I see a clear reversal pattern with volume.
Is the memory sector rotation over or just beginning? What's your read? 👇
#SKHynix #Memory #DYOR
📌 Disclaimer: This is personal analysis, not financial advice. Always DYOR and manage your risk.